Dec 21, 2023
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Forgent Plc (LSE:FORG) operates in the Electric utilities industry.
Forgent Plc company overviewForgent Plc's most recent stock split was on December 21, 2023. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Forgent Plc (LSE:FORG) has split its stock 2 times: a 1-for-50 reverse split on December 23, 2013 and a 1-for-100 reverse split on December 21, 2023.
Forgent Plc has split its stock 2 times. This history records 2 reverse splits between December 23, 2013 and December 21, 2023.
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 Forgent Plc's 1-for-100 reverse split on December 21, 2023, every 100 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.
Forgent Plc has not announced a new split in our records. Its most recent split was on December 21, 2023, 2 years ago. Companies announce splits in advance, and any new LSE:FORG split will appear on this page.
Already premium?