1. United Kingdom Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
IMI plc

IMI plc

39.02
USD
-0.58
(-1.46%)
8.61BMarket Cap
Feb 26Next Earn

Latest Stock Split

Feb 18, 2014

7:8

For every 8 shares held, investors received 7. The price per share adjusted from $24.65 to $28.17.

The split itself did not change the total investment value.

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Stock Split History

  1. Feb 18, 2014
    Before$24.65
    Split ratio7:8
    After$28.17
    Reverse

About IMI plc stock splits

IMI plc (OTC:IMIAF) operates in the Industrial machinery industry.

IMI plc company overview

When did IMI plc stock split?

IMI plc's most recent stock split was on February 18, 2014. It was a 7-for-8 reverse split, so shareholders received 7 shares for every 8 they held.

How many times has IMI plc stock split?

IMI plc has split its stock once. This history records one reverse split, on February 18, 2014.

What is a reverse stock split?

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 IMI plc's 7-for-8 reverse split on February 18, 2014, every 8 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will IMI plc split its stock again?

IMI plc has not announced a new split in our records. Its most recent split was on February 18, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:IMIAF split will appear on this page.