Jul 28, 2008
17:22
For every 22 shares held, investors received 17. The price per share adjusted from $28.45 to $36.82.
The split itself did not change the total investment value.
United Utilities Group PLC (OTC:UUGRY) operates in the Water utilities industry.
United Utilities Group PLC company overviewUnited Utilities Group PLC's most recent stock split was on July 28, 2008. It was a 17-for-22 reverse split, so shareholders received 17 shares for every 22 they held.
United Utilities Group PLC has split its stock once. This history records one reverse split, on July 28, 2008.
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 United Utilities Group PLC's 17-for-22 reverse split on July 28, 2008, every 22 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
United Utilities Group PLC has not announced a new split in our records. Its most recent split was on July 28, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:UUGRY split will appear on this page.
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