Jul 28, 2008
17:22
For every 22 shares held, investors received 17.
The split itself did not change the total investment value.
United Utilities Group PLC (GETTEX:UUEC) operates in the Water utilities industry.
United Utilities Group PLC company overviewUnited Utilities Group PLC's most recent stock split was on July 28, 2008. It was a 17-for-22 reverse split, so shareholders received 17 shares for every 22 they held.
United Utilities Group PLC (GETTEX:UUEC) has split its stock 2 times: a 34-for-33 split on June 1, 1992 and a 17-for-22 reverse split on July 28, 2008.
United Utilities Group PLC has split its stock 2 times. This history records 2 splits between June 1, 1992 and July 28, 2008.
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 United Utilities Group PLC's 17-for-22 reverse split on July 28, 2008, every 22 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
United Utilities Group PLC has not announced a new split in our records. Its most recent split was on July 28, 2008, 18 years ago. Companies announce splits in advance, and any new GETTEX:UUEC split will appear on this page.
Already premium?