Feb 17, 2014
7:8
For every 8 shares held, investors received 7. The price per share adjusted from $1507.00 to $1722.29.
The split itself did not change the total investment value.
IMI plc (LSE:IMI) operates in the Industrial machinery industry.
IMI plc company overviewIMI plc's most recent stock split was on February 17, 2014. It was a 7-for-8 reverse split, so shareholders received 7 shares for every 8 they held.
IMI plc has split its stock once. This history records one reverse split, on February 17, 2014.
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 IMI plc's 7-for-8 reverse split on February 17, 2014, 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.
IMI plc has not announced a new split in our records. Its most recent split was on February 17, 2014, 12 years ago. Companies announce splits in advance, and any new LSE:IMI split will appear on this page.
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