Jul 05, 2011
7:8
For every 8 shares held, investors received 7.
The split itself did not change the total investment value.
Coats Group plc (LSE:COA) operates in the Textiles industry.
Coats Group plc company overviewCoats Group plc's most recent stock split was on July 5, 2011. It was a 7-for-8 reverse split, so shareholders received 7 shares for every 8 they held.
Coats Group plc (LSE:COA) has split its stock 16 times: a 2-for-1 split on November 27, 1989, a 11-for-10 split on July 4, 1994, a 11-for-10 split on June 12, 1995, a 11-for-10 split on June 18, 1996, a 11-for-10 split on May 21, 1997, a 11-for-10 split on March 6, 1998, a 1-for-2 reverse split on June 3, 1998, a 1-for-20 reverse split on October 2, 2000, a 11-for-10 split on May 28, 2003, a 11-for-10 split on May 25, 2004, a 11-for-10 split on May 24, 2005, a 11-for-10 split on July 3, 2006, a 11-for-10 split on June 25, 2007, a 11-for-10 split on June 2, 2008, a 11-for-10 split on June 7, 2010, and a 7-for-8 reverse split on July 5, 2011.
Coats Group plc has split its stock 16 times. This history records 16 splits between November 27, 1989 and July 5, 2011.
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 Coats Group plc's 7-for-8 reverse split on July 5, 2011, every 8 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Coats Group plc has not announced a new split in our records. Its most recent split was on July 5, 2011, 15 years ago. Companies announce splits in advance, and any new LSE:COA split will appear on this page.
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