Mar 19, 2020
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $7.49 to $4.99.
The split itself did not change the total investment value.
Oriental Weavers Carpet (EGX:ORWE) operates in the Home furnishings industry.
Oriental Weavers Carpet company overviewOriental Weavers Carpet's most recent stock split was on March 19, 2020. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Oriental Weavers Carpet (EGX:ORWE) has split its stock 7 times: a 2-for-1 split on December 31, 2003, a 4-for-3 split on November 4, 2004, a 10-for-9 split on July 21, 2005, a 555-for-418 split on July 31, 2008, a 801-for-664 split on July 29, 2010, a 5-for-1 split on January 27, 2015, and a 3-for-2 split on March 19, 2020.
Oriental Weavers Carpet has split its stock 7 times. This history records 7 forward splits between December 31, 2003 and March 19, 2020.
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 Oriental Weavers Carpet's 3-for-2 split on March 19, 2020, every 2 shares became 3 shares.
Oriental Weavers Carpet has not announced a new split in our records. Its most recent split was on March 19, 2020, 6 years ago. Companies announce splits in advance, and any new EGX:ORWE split will appear on this page.
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