Aug 01, 2016
8:9
For every 9 shares held, investors received 8. The price per share adjusted from $573.00 to $644.63.
The split itself did not change the total investment value.
ICG plc (LSE:ICG) operates in the Investment managers industry.
ICG plc company overviewICG plc's most recent stock split was on August 1, 2016. It was a 8-for-9 reverse split, so shareholders received 8 shares for every 9 they held.
ICG plc (LSE:ICG) has split its stock 6 times: a 275-for-268 split on October 5, 1999, a 86-for-85 split on October 2, 2003, a 77-for-73 split on January 15, 2008, a 582-for-241 split on July 21, 2009, a 6-for-7 reverse split on July 23, 2015, and a 8-for-9 reverse split on August 1, 2016.
ICG plc has split its stock 6 times. This history records 6 splits between October 5, 1999 and August 1, 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 ICG plc's 8-for-9 reverse split on August 1, 2016, every 9 shares became 8 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ICG plc has not announced a new split in our records. Its most recent split was on August 1, 2016, 10 years ago. Companies announce splits in advance, and any new LSE:ICG split will appear on this page.
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