These are the upcoming stock splits for the week of February 10 to February 14 in the UK market, based on TipRanks’ Stock Splits Calendar.
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A stock split is a financial move when a company issues more shares to its existing shareholders, increasing the number of shares while reducing the price per share. The total value of the investment remains the same for a shareholder. Similarly, the overall market capitalization of the company remains the same both before and after the split.
The primary purpose of a stock split is to enhance liquidity and make the stock more affordable for investors.
On the other hand, in a reverse stock split, a company reduces the total number of outstanding shares by consolidating them. Despite this reduction, the company’s market capitalization remains unchanged because the share price increases proportionally to balance the consolidation. It is also known as stock consolidation and is often used to boost the stock price, which can help meet listing requirements or improve the stock’s perception in the market.
Let’s take a quick look at the upcoming stock splits in the UK market for this week.
Sampo PLC (GB:0HAG) – Based in Finland, Sampo Oyj is an insurance company specializing in property and casualty (P&C) insurance solutions, with operations spanning the Nordics, Baltics, and the UK. On February 5, the company announced a 4-for-1 stock split, to be executed as a free share issue. The split will be allocated proportionally to shareholders listed in the records as of Tuesday, February 12, 2025. Under this, around 2.15 billion new A shares and 800,000 new B shares will be issued, increasing the total number of Sampo shares to approximately 2.69 billion.
The new A shares are expected to start trading on a split-adjusted basis on the Helsinki, Stockholm (as Swedish depositary receipts), and Copenhagen (as share rights) stock exchanges around February 13, 2025.
Nexxen International (formerly Tremor International) (GB:NEXN) – Nexxen International is an ad-tech company offering data-driven marketing solutions for video, data, and connected TV. The company will implement a one-for-two reverse stock split on February 14 to facilitate a one-to-one ADR (American Depository Receipts) exchange, consolidating its listing exclusively on the NASDAQ Global Market.
On the same day, Nasdaq-listed ADRs (American depository receipts) will convert into new ordinary shares, and the ADR program will end. On February 17, ordinary shares will be delisted from AIM. Following this, trading of the new ordinary shares will begin on Nasdaq under the ticker “NEXN” on February 18, 2025.
To learn more about historical and upcoming stock splits, visit the TipRanks Stock Splits Calendar.
