Mar 26, 2007
18:25
For every 25 shares held, investors received 18. The price per share adjusted from $4.35 to $6.04.
The split itself did not change the total investment value.
Rank Group Plc (OTC:RANKF) operates in the Movies/Entertainment industry.
Rank Group Plc company overviewRank Group Plc's most recent stock split was on March 26, 2007. It was a 18-for-25 reverse split, so shareholders received 18 shares for every 25 they held.
Rank Group Plc (OTC:RANKF) has split its stock 2 times: a 5-for-2 split on March 14, 1994 and a 18-for-25 reverse split on March 26, 2007.
Rank Group Plc has split its stock 2 times. This history records 2 splits between March 14, 1994 and March 26, 2007.
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 Rank Group Plc's 18-for-25 reverse split on March 26, 2007, every 25 shares became 18 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Rank Group Plc has not announced a new split in our records. Its most recent split was on March 26, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:RANKF split will appear on this page.
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