Aug 03, 2016
301:500
For every 500 shares held, investors received 301. The price per share adjusted from $15.00 to $24.92.
The split itself did not change the total investment value.
Manazel Holding Co. (KSE:MANAZEL) operates in the Real estate development industry.
Manazel Holding Co. company overviewManazel Holding Co.'s most recent stock split was on August 3, 2016. It was a 301-for-500 reverse split, so shareholders received 301 shares for every 500 they held.
Manazel Holding Co. has split its stock once. This history records one reverse split, on August 3, 2016.
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 Manazel Holding Co.'s 301-for-500 reverse split on August 3, 2016, every 500 shares became 301 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Manazel Holding Co. has not announced a new split in our records. Its most recent split was on August 3, 2016, 10 years ago. Companies announce splits in advance, and any new KSE:MANAZEL split will appear on this page.
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