Mar 20, 2014
7:8
For every 8 shares held, investors received 7. The price per share adjusted from $150.00 to $171.43.
The split itself did not change the total investment value.
RM plc (LSE:RM.) operates in the Data processing services industry.
RM plc company overviewRM plc's most recent stock split was on March 20, 2014. It was a 7-for-8 reverse split, so shareholders received 7 shares for every 8 they held.
RM plc (LSE:RM.) has split its stock 2 times: a 5-for-1 split on June 29, 1998 and a 7-for-8 reverse split on March 20, 2014.
RM plc has split its stock 2 times. This history records 2 splits between June 29, 1998 and March 20, 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 RM plc's 7-for-8 reverse split on March 20, 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.
RM plc has not announced a new split in our records. Its most recent split was on March 20, 2014, 12 years ago. Companies announce splits in advance, and any new LSE:RM. split will appear on this page.
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