Jan 01, 2005
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $4.10 to $4100.00.
The split itself did not change the total investment value.
Marmaris Altinyunus Turistik Tesisler A.S (BIST:MAALT) operates in the Hotels/Resorts/Cruise lines industry.
Marmaris Altinyunus Turistik Tesisler A.S company overviewMarmaris Altinyunus Turistik Tesisler A.S's most recent stock split was on January 1, 2005. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Marmaris Altinyunus Turistik Tesisler A.S (BIST:MAALT) has split its stock 5 times: a 55-for-19 split on March 1, 1995, a 1689-for-997 split on August 18, 1997, a 3-for-1 split on November 27, 2001, a 9-for-5 split on July 28, 2003, and a 1-for-1000 reverse split on January 1, 2005.
Marmaris Altinyunus Turistik Tesisler A.S has split its stock 5 times. This history records 5 splits between March 1, 1995 and January 1, 2005.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Marmaris Altinyunus Turistik Tesisler A.S's 1-for-1000 reverse split on January 1, 2005, every 1000 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Marmaris Altinyunus Turistik Tesisler A.S has not announced a new split in our records. Its most recent split was on January 1, 2005, 21 years ago. Companies announce splits in advance, and any new BIST:MAALT split will appear on this page.
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