Jan 29, 2024
10:11
For every 11 shares held, investors received 10. The price per share adjusted from $35488.00 to $39036.80.
The split itself did not change the total investment value.
Mondi plc (JSE:MNP) operates in the Containers/Packaging industry.
Mondi plc company overviewMondi plc's most recent stock split was on January 29, 2024. It was a 10-for-11 reverse split, so shareholders received 10 shares for every 11 they held.
Mondi plc has split its stock once. This history records one reverse split, on January 29, 2024.
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 Mondi plc's 10-for-11 reverse split on January 29, 2024, every 11 shares became 10 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Mondi plc has not announced a new split in our records. Its most recent split was on January 29, 2024, 2 years ago. Companies announce splits in advance, and any new JSE:MNP split will appear on this page.
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