Sep 25, 2009
4:25
For every 25 shares held, investors received 4. The price per share adjusted from $11.50 to $71.88.
The split itself did not change the total investment value.
Tandem Group plc (LSE:TND) operates in the Recreational products industry.
Tandem Group plc company overviewTandem Group plc's most recent stock split was on September 25, 2009. It was a 4-for-25 reverse split, so shareholders received 4 shares for every 25 they held.
Tandem Group plc (LSE:TND) has split its stock 3 times: a 35-for-31 split on May 28, 1993, a 1-for-10 reverse split on March 19, 2003, and a 4-for-25 reverse split on September 25, 2009.
Tandem Group plc has split its stock 3 times. This history records 3 splits between May 28, 1993 and September 25, 2009.
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 Tandem Group plc's 4-for-25 reverse split on September 25, 2009, every 25 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tandem Group plc has not announced a new split in our records. Its most recent split was on September 25, 2009, 17 years ago. Companies announce splits in advance, and any new LSE:TND split will appear on this page.
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