Sep 05, 2021
177:238
For every 238 shares held, investors received 177. The price per share adjusted from $76.00 to $102.19.
The split itself did not change the total investment value.
Coast Investment & Development Co. K.S.C.C. (KSE:COAST) operates in the Investment managers industry.
Coast Investment & Development Co. K.S.C.C. company overviewCoast Investment & Development Co. K.S.C.C.'s most recent stock split was on September 5, 2021. It was a 177-for-238 reverse split, so shareholders received 177 shares for every 238 they held.
Coast Investment & Development Co. K.S.C.C. (KSE:COAST) has split its stock 2 times: a 6-for-5 split on April 27, 2008 and a 177-for-238 reverse split on September 5, 2021.
Coast Investment & Development Co. K.S.C.C. has split its stock 2 times. This history records 2 splits between April 27, 2008 and September 5, 2021.
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 Coast Investment & Development Co. K.S.C.C.'s 177-for-238 reverse split on September 5, 2021, every 238 shares became 177 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Coast Investment & Development Co. K.S.C.C. has not announced a new split in our records. Its most recent split was on September 5, 2021, 5 years ago. Companies announce splits in advance, and any new KSE:COAST split will appear on this page.
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