Feb 06, 2023
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $1.19 to $1.08.
The split itself did not change the total investment value.
Arab Development & Real Estate Investment (EGX:ADRI) operates in the Real estate development industry.
Arab Development & Real Estate Investment company overviewArab Development & Real Estate Investment's most recent stock split was on February 6, 2023. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Arab Development & Real Estate Investment has split its stock once. This history records one forward split, on February 6, 2023.
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 Arab Development & Real Estate Investment's 11-for-10 split on February 6, 2023, every 10 shares became 11 shares.
Arab Development & Real Estate Investment has not announced a new split in our records. Its most recent split was on February 6, 2023, 3 years ago. Companies announce splits in advance, and any new EGX:ADRI split will appear on this page.
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