Apr 09, 2020
21:20
For every 20 shares held, investors received 21. The price per share adjusted from $2.64 to $2.51.
The split itself did not change the total investment value.
Ras Alkhaima National Insurance Co. (ADX:RAKNIC) operates in the Multi-line insurance industry.
Ras Alkhaima National Insurance Co. company overviewRas Alkhaima National Insurance Co.'s most recent stock split was on April 9, 2020. It was a 21-for-20 forward split, so shareholders received 21 shares for every 20 they held.
Ras Alkhaima National Insurance Co. (ADX:RAKNIC) has split its stock 7 times: a 6-for-5 split on March 13, 2006, a 7-for-6 split on March 8, 2007, a 8-for-7 split on March 6, 2008, a 9-for-8 split on April 16, 2009, a 10-for-9 split on March 24, 2010, a 11-for-10 split on May 6, 2014, and a 21-for-20 split on April 9, 2020.
Ras Alkhaima National Insurance Co. has split its stock 7 times. This history records 7 forward splits between March 13, 2006 and April 9, 2020.
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 Ras Alkhaima National Insurance Co.'s 21-for-20 split on April 9, 2020, every 20 shares became 21 shares.
Ras Alkhaima National Insurance Co. has not announced a new split in our records. Its most recent split was on April 9, 2020, 6 years ago. Companies announce splits in advance, and any new ADX:RAKNIC split will appear on this page.
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