Aug 07, 2000
9:11
For every 11 shares held, investors received 9.
The split itself did not change the total investment value.
Smith & Nephew plc (GETTEX:NPW1) operates in the Medical specialties industry.
Smith & Nephew plc company overviewSmith & Nephew plc's most recent stock split was on August 7, 2000. It was a 9-for-11 reverse split, so shareholders received 9 shares for every 11 they held.
Smith & Nephew plc (GETTEX:NPW1) has split its stock 3 times: a 6-for-5 split on June 3, 1985, a 2-for-1 split on June 2, 1986, and a 9-for-11 reverse split on August 7, 2000.
Smith & Nephew plc has split its stock 3 times. This history records 3 splits between June 3, 1985 and August 7, 2000.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Smith & Nephew plc's 9-for-11 reverse split on August 7, 2000, every 11 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Smith & Nephew plc has not announced a new split in our records. Its most recent split was on August 7, 2000, 26 years ago. Companies announce splits in advance, and any new GETTEX:NPW1 split will appear on this page.
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