Jun 10, 2024
21:20
For every 20 shares held, investors received 21. The price per share adjusted from $24.00 to $22.86.
The split itself did not change the total investment value.
Al-Arafah Islami Bank PLC (DSE:ALARABANK) operates in the Regional banks industry.
Al-Arafah Islami Bank PLC company overviewAl-Arafah Islami Bank PLC's most recent stock split was on June 10, 2024. It was a 21-for-20 forward split, so shareholders received 21 shares for every 20 they held.
Al-Arafah Islami Bank PLC (DSE:ALARABANK) has split its stock 9 times: a 63-for-50 split on April 11, 2011, a 121-for-100 split on May 3, 2012, a 117-for-100 split on April 21, 2013, a 227-for-200 split on March 18, 2014, a 21-for-20 split on April 11, 2016, a 21-for-20 split on May 6, 2018, a 51-for-50 split on May 20, 2019, a 103-for-100 split on June 13, 2023, and a 21-for-20 split on June 10, 2024.
Al-Arafah Islami Bank PLC has split its stock 9 times. This history records 9 forward splits between April 11, 2011 and June 10, 2024.
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 Al-Arafah Islami Bank PLC's 21-for-20 split on June 10, 2024, every 20 shares became 21 shares.
Al-Arafah Islami Bank PLC has not announced a new split in our records. Its most recent split was on June 10, 2024, 2 years ago. Companies announce splits in advance, and any new DSE:ALARABANK split will appear on this page.
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