Oct 18, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.17 to $0.87.
The split itself did not change the total investment value.
Amer Group Holding (EGX:AMER) operates in the Real estate development industry.
Amer Group Holding company overviewAmer Group Holding's most recent stock split was on October 18, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Amer Group Holding (EGX:AMER) has split its stock 4 times: a 654-for-437 split on November 14, 2011, a 3-for-2 split on May 13, 2014, a 11-for-10 split on July 6, 2017, and a 1-for-5 reverse split on October 18, 2018.
Amer Group Holding has split its stock 4 times. This history records 4 splits between November 14, 2011 and October 18, 2018.
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 Amer Group Holding's 1-for-5 reverse split on October 18, 2018, every 5 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.
Amer Group Holding has not announced a new split in our records. Its most recent split was on October 18, 2018, 8 years ago. Companies announce splits in advance, and any new EGX:AMER split will appear on this page.
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