Jul 26, 2000
40:53
For every 53 shares held, investors received 40.
The split itself did not change the total investment value.
ITV PLC (STU:IJ7) operates in the Movies/Entertainment industry.
ITV PLC company overviewITV PLC's most recent stock split was on July 26, 2000. It was a 40-for-53 reverse split, so shareholders received 40 shares for every 53 they held.
ITV PLC (STU:IJ7) has split its stock 2 times: a 2-for-1 split on July 5, 1999 and a 40-for-53 reverse split on July 26, 2000.
ITV PLC has split its stock 2 times. This history records 2 splits between July 5, 1999 and July 26, 2000.
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 ITV PLC's 40-for-53 reverse split on July 26, 2000, every 53 shares became 40 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ITV PLC has not announced a new split in our records. Its most recent split was on July 26, 2000, 26 years ago. Companies announce splits in advance, and any new STU:IJ7 split will appear on this page.
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