Aug 01, 2006
3:4
For every 4 shares held, investors received 3. The price per share adjusted from $260.00 to $346.67.
The split itself did not change the total investment value.
Topps Tiles Plc (LSE:TPT) operates in the Specialty stores industry.
Topps Tiles Plc company overviewTopps Tiles Plc's most recent stock split was on August 1, 2006. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
Topps Tiles Plc (LSE:TPT) has split its stock 3 times: a 2-for-1 split on January 20, 1999, a 5-for-1 split on May 6, 2004, and a 3-for-4 reverse split on August 1, 2006.
Topps Tiles Plc has split its stock 3 times. This history records 3 splits between January 20, 1999 and August 1, 2006.
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 Topps Tiles Plc's 3-for-4 reverse split on August 1, 2006, every 4 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.
Topps Tiles Plc has not announced a new split in our records. Its most recent split was on August 1, 2006, 20 years ago. Companies announce splits in advance, and any new LSE:TPT split will appear on this page.
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