Dec 03, 2023
387:448
For every 448 shares held, investors received 387. The price per share adjusted from $0.66 to $0.77.
The split itself did not change the total investment value.
Mazaya Real Estate Development Company (QSE:MRDS) operates in the Real estate development industry.
Mazaya Real Estate Development Company company overviewMazaya Real Estate Development Company's most recent stock split was on December 3, 2023. It was a 387-for-448 reverse split, so shareholders received 387 shares for every 448 they held.
Mazaya Real Estate Development Company (QSE:MRDS) has split its stock 5 times: a 21-for-20 split on April 22, 2015, a 21-for-20 split on March 3, 2016, a 21-for-20 split on April 16, 2017, a 10-for-1 split on July 3, 2019, and a 387-for-448 reverse split on December 3, 2023.
Mazaya Real Estate Development Company has split its stock 5 times. This history records 5 splits between April 22, 2015 and December 3, 2023.
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 Mazaya Real Estate Development Company's 387-for-448 reverse split on December 3, 2023, every 448 shares became 387 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Mazaya Real Estate Development Company has not announced a new split in our records. Its most recent split was on December 3, 2023, 2 years ago. Companies announce splits in advance, and any new QSE:MRDS split will appear on this page.
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