Jul 04, 2024
40:41
For every 41 shares held, investors received 40. The price per share adjusted from $55.00 to $56.38.
The split itself did not change the total investment value.
Securities House (K.S.C) (KSE:SECH) operates in the Investment banks/Brokers industry.
Securities House (K.S.C) company overviewSecurities House (K.S.C)'s most recent stock split was on July 4, 2024. It was a 40-for-41 reverse split, so shareholders received 40 shares for every 41 they held.
Securities House (K.S.C) (KSE:SECH) has split its stock 9 times: a 23-for-20 split on April 24, 2004, a 13-for-10 split on April 16, 2006, a 6-for-5 split on April 14, 2007, a 99-for-124 reverse split on July 31, 2016, a 15-for-16 reverse split on May 24, 2018, a 30-for-37 reverse split on July 4, 2021, a 17-for-18 reverse split on June 26, 2022, a 83-for-85 reverse split on June 21, 2023, and a 40-for-41 reverse split on July 4, 2024.
Securities House (K.S.C) has split its stock 9 times. This history records 9 splits between April 24, 2004 and July 4, 2024.
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 Securities House (K.S.C)'s 40-for-41 reverse split on July 4, 2024, every 41 shares became 40 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Securities House (K.S.C) has not announced a new split in our records. Its most recent split was on July 4, 2024, 2 years ago. Companies announce splits in advance, and any new KSE:SECH split will appear on this page.
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