SplitApr 22, 2026, 04:46 PM
abrdn Platinum ETF Trust Announces 10-for-1 Forward Share Split
AI Summary
abrdn Platinum ETF Trust announced a 10-for-1 forward share split for its abrdn Physical Platinum Shares ETF (PPLT). Shareholders of record as of May 14, 2026, will receive ten post-split shares for every one pre-split share. The split will decrease the price per share to one-tenth of the pre-split net asset value (NAV), with a proportionate increase in outstanding shares. The new shares will begin trading at their post-split prices on May 18, 2026.
Key Highlights
- 10-for-1 forward share split announced for PPLT.
- Record date for shareholders is May 14, 2026.
- Payable date for the split is May 15, 2026.
- Post-split shares will trade effectively from May 18, 2026.
- Share price will decrease to one-tenth of pre-split NAV.