Jun 14, 2022
646:853
For every 853 shares held, investors received 646. The price per share adjusted from $0.41 to $0.54.
The split itself did not change the total investment value.
Deyaar Development (P.J.S.C) (DFM:DEYAAR) operates in the Real estate development industry.
Deyaar Development (P.J.S.C) company overviewDeyaar Development (P.J.S.C)'s most recent stock split was on June 14, 2022. It was a 646-for-853 reverse split, so shareholders received 646 shares for every 853 they held.
Deyaar Development (P.J.S.C) has split its stock once. This history records one reverse split, on June 14, 2022.
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 Deyaar Development (P.J.S.C)'s 646-for-853 reverse split on June 14, 2022, every 853 shares became 646 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Deyaar Development (P.J.S.C) has not announced a new split in our records. Its most recent split was on June 14, 2022, 4 years ago. Companies announce splits in advance, and any new DFM:DEYAAR split will appear on this page.
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