Oct 18, 2016
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
XOMA Royalty Corporation (LSE:0M26) operates in the Pharmaceuticals: major industry.
XOMA Royalty Corporation company overviewXOMA Royalty Corporation's most recent stock split was on October 18, 2016. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
XOMA Royalty Corporation (LSE:0M26) has split its stock 2 times: a 1-for-15 reverse split on August 18, 2010 and a 1-for-20 reverse split on October 18, 2016.
XOMA Royalty Corporation has split its stock 2 times. This history records 2 reverse splits between August 18, 2010 and October 18, 2016.
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 XOMA Royalty Corporation's 1-for-20 reverse split on October 18, 2016, every 20 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
XOMA Royalty Corporation has not announced a new split in our records. Its most recent split was on October 18, 2016, 10 years ago. Companies announce splits in advance, and any new LSE:0M26 split will appear on this page.