Home Finance ABERDEEN INVESTMENTS ANNOUNCES 10-FOR-1 FORWARD SHARE SPLIT OF ABRDN PHYSICAL PLATINUM SHARES ETF (PPLT) AND 5-FOR-1 FORWARD SHARE SPLIT OF ABRDN PHYSICAL PALLADIUM SHARES ETF (PALL)
Finance

ABERDEEN INVESTMENTS ANNOUNCES 10-FOR-1 FORWARD SHARE SPLIT OF ABRDN PHYSICAL PLATINUM SHARES ETF (PPLT) AND 5-FOR-1 FORWARD SHARE SPLIT OF ABRDN PHYSICAL PALLADIUM SHARES ETF (PALL)

Share


PHILADELPHIA, April 22, 2026 /PRNewswire/ — Aberdeen Investments announced today a 10-for-1 forward share split for the abrdn Physical Platinum Shares ETF (NYSE Arca: PPLT) and a 5-for-1 forward share split for the abrdn Physical Palladium Shares ETF (NYSE Arca: PALL). The splits will not change the total value of a shareholder’s investment.

Aberdeen Investments (PRNewsfoto/Aberdeen Investments U.S. Closed End Funds)
Aberdeen Investments (PRNewsfoto/Aberdeen Investments U.S. Closed End Funds)

Ticker

Name

Split Ratio

PPLT

abrdn Physical Platinum Shares ETF

10 for 1

PALL

abrdn Physical Palladium Shares ETF

5 for 1

All forward share splits will apply to shareholders of record as of the market close on May 14, 2026 (the “Record Date”), payable after market close on May 15, 2026. Shares of each of fund will trade at their post-split prices on May 18, 2026. The ticker symbols and CUSIP numbers for each fund will not change.

The forward share splits will decrease the price per share of each fund, with a proportionate increase in the number of shares outstanding. In a 10-for-1 forward share split, every pre-split share will result in the receipt of ten post-split shares, which will be priced at one-tenth the net asset value (“NAV”) of a pre-split share. In a 5-for-1 forward share split, every pre-split share will result in the receipt of five post-split shares, which will be priced at one-fifth the NAV of a pre-split share.

Illustration of a Forward Share Split

The following table shows the effect of a hypothetical 10-for-1 share split:

Period

# of Shares

Hypothetical Net Asset Value (NAV) per share

Total Value

Pre-Split

10

$100

$1,000

Post-Split

100

$10

$1,000

The following table shows the effect of a hypothetical 5-for-1 share split:

Period

# of Shares

Hypothetical Net Asset Value (NAV) per share

Total Value

Pre-Split

10

$100

$1,000

Post-Split

50

$20

$1,000

For more information about Aberdeen’s ETF suite, please visit here.

Important Information

abrdn Silver ETF Trust (which issues shares of the abrdn Physical Silver Shares ETF), abrdn Gold ETF Trust (which issues shares of the abrdn Physical Gold Shares ETF), abrdn Platinum ETF Trust (which issues shares of the abrdn Physical Platinum Shares ETF) and abrdn Palladium ETF Trust (which issues shares of the abrdn Physical Palladium Shares ETF) and abrdn Precious Metals Basket ETF Trust (which issues shares of the abrdn Physical Precious Metals Basket Shares ETF) (the “Trusts”) are not investment companies registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trusts are not subject to the same regulatory requirements as mutual funds. These investments are not suitable for all investors. Trusts focusing on a single commodity generally experience greater volatility. Please refer to the prospectus for complete information regarding all risks associated with the Trusts.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

New Cryptocurrency Pepeto Eyes 100X Returns While Ethereum and Litecoin Gets Commodity Status

Bitmine now holds 4.8 million ETH worth $10 billion, proving the biggest players load digital assets at levels most people consider too low....

Dollar falls as Iran ceasefire emboldens investors

The U.S. dollar gained on Thursday as rising oil prices threatened to spur inflation and more hawkish policy stances by global central banks.Olena...

Related Articles

Treasury targets staff accountability with outcomes-based performance system

In a bid to improve performance, the National Treasury will introduce an...

Financial Times Appoints Chris Johnston Asia Companies and Markets News Editor

Chris Johnston The Financial Times has appointed veteran business journalist Chris Johnston...

Purpose Investments Announces Changes to Certain Investment Funds

Purpose Investments Inc. TORONTO, May 12, 2026 (GLOBE NEWSWIRE) -- Purpose Investments...

Inaugural Vancouver Investment & Wealth Expo Set to Transform Financial Planning this October at Vancouver Convention Centre

Featuring 140+ Exhibitors and Revolutionary "Silent Discovery" Theatres for a Premium, Focused...