Sep 13, 2021
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.43 to $43.50.
The split itself did not change the total investment value.
Mercantile Ports & Logistics Limited (LSE:MPL) operates in the Other transportation industry.
Mercantile Ports & Logistics Limited company overviewMercantile Ports & Logistics Limited's most recent stock split was on September 13, 2021. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Mercantile Ports & Logistics Limited (LSE:MPL) has split its stock 3 times: a 705-for-677 split on November 1, 2016, a 205-for-204 split on November 19, 2018, and a 1-for-100 reverse split on September 13, 2021.
Mercantile Ports & Logistics Limited has split its stock 3 times. This history records 3 splits between November 1, 2016 and September 13, 2021.
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 Mercantile Ports & Logistics Limited's 1-for-100 reverse split on September 13, 2021, 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.
Mercantile Ports & Logistics Limited has not announced a new split in our records. Its most recent split was on September 13, 2021, 5 years ago. Companies announce splits in advance, and any new LSE:MPL split will appear on this page.
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