Mar 06, 2024
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.12 to $0.60.
The split itself did not change the total investment value.
Catenai PLC (LSE:CTAI) operates in the Commercial printing/Forms industry.
Catenai PLC company overviewCatenai PLC's most recent stock split was on March 6, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Catenai PLC (LSE:CTAI) has split its stock 2 times: a 1-for-100 reverse split on December 27, 2019 and a 1-for-5 reverse split on March 6, 2024.
Catenai PLC has split its stock 2 times. This history records 2 reverse splits between December 27, 2019 and March 6, 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 Catenai PLC's 1-for-5 reverse split on March 6, 2024, every 5 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.
Catenai PLC has not announced a new split in our records. Its most recent split was on March 6, 2024, 2 years ago. Companies announce splits in advance, and any new LSE:CTAI split will appear on this page.
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