Jul 06, 2016
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $1.65 to $66.00.
The split itself did not change the total investment value.
SysGroup plc (LSE:SYS) operates in the Data processing services industry.
SysGroup plc company overviewSysGroup plc's most recent stock split was on July 6, 2016. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
SysGroup plc has split its stock once. This history records one reverse split, on July 6, 2016.
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 SysGroup plc's 1-for-40 reverse split on July 6, 2016, every 40 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.
SysGroup plc has not announced a new split in our records. Its most recent split was on July 6, 2016, 10 years ago. Companies announce splits in advance, and any new LSE:SYS split will appear on this page.
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