Tags: Reverse Stock Split

4 FAQs about Gsk plc reverse stock split

What happened to GSK HLN shares after the spinoff?

After the spinoff, GSK, plc completed a reverse split with an exchange/split ratio of 4 new shares for 5 old shares. HLN shares and the new GSK shares were expected to trade on a when-issued basis from July 18, 2022, until the issue date on July 22, 2022.

What is the stock split history for GSK plc?

Stock split history for GSK since 1986. Prices shown are actual historical values and are not adjusted for either splits or dividends. Please see the "Historical Prices" tab for adjusted price values. GSK plc is a biopharma company. Its vaccine portfolio protects people from meningitis, shingles, flu, polio, measles and many more.

Why did GSK (GSK) spin off Haleon (HLN)?

GSK, plc spun off Haleon (HLN), with GSK shareholders receiving 1 HLN share for each GSK share. This transaction was referred to as a demerger in GSK communications. Immediately after the spinoff, GSK, plc completed a reverse split with an exchange/split ratio of 4 new shares for 5 old shares.

What is the exchange/split ratio for HLN and GSK shares?

The exchange/split ratio was 4 new shares for 5 old shares. This means that for every 5 old GSK shares, you would receive 4 new HLN shares and 1 new GSK share.

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