Dec 17, 2013
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $14.50 to $217.50.
The split itself did not change the total investment value.
Parkmead Group PLC (LSE:PMG) operates in the Oil & gas production industry.
Parkmead Group PLC company overviewParkmead Group PLC's most recent stock split was on December 17, 2013. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Parkmead Group PLC has split its stock once. This history records one reverse split, on December 17, 2013.
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 Parkmead Group PLC's 1-for-15 reverse split on December 17, 2013, every 15 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.
Parkmead Group PLC has not announced a new split in our records. Its most recent split was on December 17, 2013, 12 years ago. Companies announce splits in advance, and any new LSE:PMG split will appear on this page.
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