Mar 12, 2015
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $59.70 to $39.80.
The split itself did not change the total investment value.
Saudi Awwal Bank (TADAWUL:1060) operates in the Major banks industry.
Saudi Awwal Bank company overviewSaudi Awwal Bank's most recent stock split was on March 12, 2015. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Saudi Awwal Bank (TADAWUL:1060) has split its stock 10 times: a 5-for-4 split on February 28, 1996, a 64-for-25 split on March 19, 1998, a 5-for-4 split on March 19, 2001, a 5-for-4 split on March 16, 2004, a 3-for-2 split on March 22, 2006, a 5-for-1 split on April 8, 2006, a 8-for-5 split on April 28, 2008, a 5-for-4 split on March 11, 2009, a 4-for-3 split on March 14, 2012, and a 3-for-2 split on March 12, 2015.
Saudi Awwal Bank has split its stock 10 times. This history records 10 forward splits between February 28, 1996 and March 12, 2015.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Saudi Awwal Bank's 3-for-2 split on March 12, 2015, every 2 shares became 3 shares.
Saudi Awwal Bank has not announced a new split in our records. Its most recent split was on March 12, 2015, 11 years ago. Companies announce splits in advance, and any new TADAWUL:1060 split will appear on this page.
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