Jul 05, 2022
4:9
For every 9 shares held, investors received 4.
The split itself did not change the total investment value.
Waves Home Appliances Ltd (PSX:WAVESAPP) operates in the Electronics/Appliances industry.
Waves Home Appliances Ltd company overviewWaves Home Appliances Ltd's most recent stock split was on July 5, 2022. It was a 4-for-9 reverse split, so shareholders received 4 shares for every 9 they held.
Waves Home Appliances Ltd (PSX:WAVESAPP) has split its stock 2 times: a 95-for-83 split on November 19, 2008 and a 4-for-9 reverse split on July 5, 2022.
Waves Home Appliances Ltd has split its stock 2 times. This history records 2 splits between November 19, 2008 and July 5, 2022.
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 Waves Home Appliances Ltd's 4-for-9 reverse split on July 5, 2022, every 9 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Waves Home Appliances Ltd has not announced a new split in our records. Its most recent split was on July 5, 2022, 4 years ago. Companies announce splits in advance, and any new PSX:WAVESAPP split will appear on this page.
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