Jun 11, 2018
18:19
For every 19 shares held, investors received 18. The price per share adjusted from $5894.00 to $6221.44.
The split itself did not change the total investment value.
Ferguson Enterprises Inc. (LSE:FERG) operates in the Wholesale distributors industry.
Ferguson Enterprises Inc. company overviewFerguson Enterprises Inc.'s most recent stock split was on June 11, 2018. It was a 18-for-19 reverse split, so shareholders received 18 shares for every 19 they held.
Ferguson Enterprises Inc. (LSE:FERG) has split its stock 6 times: a 2-for-1 split on February 13, 1995, a 1-for-10 reverse split on April 2, 2009, a 20-for-87 reverse split on April 3, 2009, a 22-for-23 reverse split on December 10, 2012, a 30-for-31 reverse split on December 2, 2013, and a 18-for-19 reverse split on June 11, 2018.
Ferguson Enterprises Inc. has split its stock 6 times. This history records 6 splits between February 13, 1995 and June 11, 2018.
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 Ferguson Enterprises Inc.'s 18-for-19 reverse split on June 11, 2018, every 19 shares became 18 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Ferguson Enterprises Inc. has not announced a new split in our records. Its most recent split was on June 11, 2018, 8 years ago. Companies announce splits in advance, and any new LSE:FERG split will appear on this page.