Sep 27, 2004
18:25
For every 25 shares held, investors received 18.
The split itself did not change the total investment value.
Smiths News PLC (LSE:SNWS) operates in the Wholesale distributors industry.
Smiths News PLC company overviewSmiths News PLC's most recent stock split was on September 27, 2004. It was a 18-for-25 reverse split, so shareholders received 18 shares for every 25 they held.
Smiths News PLC (LSE:SNWS) has split its stock 2 times: a 52-for-51 split on September 4, 1989 and a 18-for-25 reverse split on September 27, 2004.
Smiths News PLC has split its stock 2 times. This history records 2 splits between September 4, 1989 and September 27, 2004.
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 Smiths News PLC's 18-for-25 reverse split on September 27, 2004, every 25 shares became 18 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Smiths News PLC has not announced a new split in our records. Its most recent split was on September 27, 2004, 22 years ago. Companies announce splits in advance, and any new LSE:SNWS split will appear on this page.
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