Jul 18, 2005
10:9
For every 9 shares held, investors received 10. The price per share adjusted from $2.39 to $2.15.
The split itself did not change the total investment value.
Tofas Turk Otomobil Fabrikasi A.S. (BIST:TOASO) operates in the Motor vehicles industry.
Tofas Turk Otomobil Fabrikasi A.S. company overviewTofas Turk Otomobil Fabrikasi A.S.'s most recent stock split was on July 18, 2005. It was a 10-for-9 forward split, so shareholders received 10 shares for every 9 they held.
Tofas Turk Otomobil Fabrikasi A.S. (BIST:TOASO) has split its stock 11 times: a 2-for-1 split on July 4, 1994, a 4-for-1 split on January 16, 1995, a 5-for-2 split on July 24, 1995, a 3-for-2 split on May 27, 1996, a 11-for-7 split on May 30, 1997, a 7-for-5 split on December 14, 1998, a 2507-for-949 split on June 22, 1999, a 5-for-2 split on December 12, 2001, a 103-for-39 split on May 26, 2003, a 1-for-1000 reverse split on January 1, 2005, and a 10-for-9 split on July 18, 2005.
Tofas Turk Otomobil Fabrikasi A.S. has split its stock 11 times. This history records 11 splits between July 4, 1994 and July 18, 2005.
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 Tofas Turk Otomobil Fabrikasi A.S.'s 10-for-9 split on July 18, 2005, every 9 shares became 10 shares.
Tofas Turk Otomobil Fabrikasi A.S. has not announced a new split in our records. Its most recent split was on July 18, 2005, 21 years ago. Companies announce splits in advance, and any new BIST:TOASO split will appear on this page.
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