Jun 23, 2023
6:5
For every 5 shares held, investors received 6. The price per share adjusted from $5.30 to $4.42.
The split itself did not change the total investment value.
The National Bank of Ras Al Khaimah (ADX:RAKBANK) operates in the Major banks industry.
The National Bank of Ras Al Khaimah company overviewThe National Bank of Ras Al Khaimah's most recent stock split was on June 23, 2023. It was a 6-for-5 forward split, so shareholders received 6 shares for every 5 they held.
The National Bank of Ras Al Khaimah (ADX:RAKBANK) has split its stock 8 times: a 23-for-20 split on March 19, 2007, a 6-for-5 split on March 24, 2008, a 13-for-10 split on March 22, 2009, a 6-for-5 split on March 16, 2010, a 6-for-5 split on March 15, 2011, a 11-for-10 split on May 1, 2012, a 11-for-10 split on April 2, 2013, and a 6-for-5 split on June 23, 2023.
The National Bank of Ras Al Khaimah has split its stock 8 times. This history records 8 forward splits between March 19, 2007 and June 23, 2023.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In The National Bank of Ras Al Khaimah's 6-for-5 split on June 23, 2023, every 5 shares became 6 shares.
The National Bank of Ras Al Khaimah has not announced a new split in our records. Its most recent split was on June 23, 2023, 3 years ago. Companies announce splits in advance, and any new ADX:RAKBANK split will appear on this page.
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