Sep 28, 2017
15:16
For every 16 shares held, investors received 15. The price per share adjusted from $969.50 to $1034.13.
The split itself did not change the total investment value.
Land Securities Group PLC (LSE:LAND) operates in the Real estate investment trusts industry.
Land Securities Group PLC company overviewLand Securities Group PLC's most recent stock split was on September 28, 2017. It was a 15-for-16 reverse split, so shareholders received 15 shares for every 16 they held.
Land Securities Group PLC (LSE:LAND) has split its stock 2 times: a 494-for-439 split on March 10, 2009 and a 15-for-16 reverse split on September 28, 2017.
Land Securities Group PLC has split its stock 2 times. This history records 2 splits between March 10, 2009 and September 28, 2017.
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 Land Securities Group PLC's 15-for-16 reverse split on September 28, 2017, every 16 shares became 15 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Land Securities Group PLC has not announced a new split in our records. Its most recent split was on September 28, 2017, 9 years ago. Companies announce splits in advance, and any new LSE:LAND split will appear on this page.
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