Jan 29, 2008
271:432
For every 432 shares held, investors received 271. The price per share adjusted from $79.50 to $126.73.
The split itself did not change the total investment value.
Paragon Banking Group PLC (LSE:PAG) operates in the Regional banks industry.
Paragon Banking Group PLC company overviewParagon Banking Group PLC's most recent stock split was on January 29, 2008. It was a 271-for-432 reverse split, so shareholders received 271 shares for every 432 they held.
Paragon Banking Group PLC (LSE:PAG) has split its stock 3 times: a 1-for-10 reverse split on March 8, 1995, a 521-for-500 split on March 17, 1998, and a 271-for-432 reverse split on January 29, 2008.
Paragon Banking Group PLC has split its stock 3 times. This history records 3 splits between March 8, 1995 and January 29, 2008.
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 Paragon Banking Group PLC's 271-for-432 reverse split on January 29, 2008, every 432 shares became 271 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Paragon Banking Group PLC has not announced a new split in our records. Its most recent split was on January 29, 2008, 18 years ago. Companies announce splits in advance, and any new LSE:PAG split will appear on this page.
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