Oct 13, 2020
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $10.26 to $153.90.
The split itself did not change the total investment value.
Saga plc (LSE:SAGA) operates in the Other consumer services industry.
Saga plc company overviewSaga plc's most recent stock split was on October 13, 2020. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Saga plc (LSE:SAGA) has split its stock 2 times: a 56-for-51 split on September 11, 2020 and a 1-for-15 reverse split on October 13, 2020.
Saga plc has split its stock 2 times. This history records 2 splits between September 11, 2020 and October 13, 2020.
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 Saga plc's 1-for-15 reverse split on October 13, 2020, 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.
Saga plc has not announced a new split in our records. Its most recent split was on October 13, 2020, 6 years ago. Companies announce splits in advance, and any new LSE:SAGA split will appear on this page.
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