Aug 19, 2013
3:440
For every 440 shares held, investors received 3.
The split itself did not change the total investment value.
Time Finance plc (LSE:TIME) operates in the Miscellaneous commercial services industry.
Time Finance plc company overviewTime Finance plc's most recent stock split was on August 19, 2013. It was a 3-for-440 reverse split, so shareholders received 3 shares for every 440 they held.
Time Finance plc has split its stock once. This history records one reverse split, on August 19, 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 Time Finance plc's 3-for-440 reverse split on August 19, 2013, every 440 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Time Finance plc has not announced a new split in our records. Its most recent split was on August 19, 2013, 13 years ago. Companies announce splits in advance, and any new LSE:TIME split will appear on this page.
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