May 22, 2017
11:12
For every 12 shares held, investors received 11. The price per share adjusted from $68.94 to $75.21.
The split itself did not change the total investment value.
National Grid plc (NYSE:NGG) operates in the Electric utilities industry.
National Grid plc company overviewNational Grid plc's most recent stock split was on May 22, 2017. It was a 11-for-12 reverse split, so shareholders received 11 shares for every 12 they held.
National Grid plc (NYSE:NGG) has split its stock 3 times: a 17-for-10 split on February 9, 1998, a 43-for-49 reverse split on August 1, 2005, and a 11-for-12 reverse split on May 22, 2017.
National Grid plc has split its stock 3 times. This history records 3 splits between February 9, 1998 and May 22, 2017.
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 National Grid plc's 11-for-12 reverse split on May 22, 2017, every 12 shares became 11 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
National Grid plc has not announced a new split in our records. Its most recent split was on May 22, 2017, 9 years ago. Companies announce splits in advance, and any new NYSE:NGG split will appear on this page.
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