Aug 07, 2023
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $25.75 to $32.19.
The split itself did not change the total investment value.
United Wire Factories Co. (TADAWUL:1301) operates in the Metal fabrication industry.
United Wire Factories Co. company overviewUnited Wire Factories Co.'s most recent stock split was on August 7, 2023. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
United Wire Factories Co. (TADAWUL:1301) has split its stock 4 times: a 6-for-5 split on April 13, 2013, a 9-for-8 split on April 7, 2014, a 4-for-5 reverse split on September 16, 2020, and a 4-for-5 reverse split on August 7, 2023.
United Wire Factories Co. has split its stock 4 times. This history records 4 splits between April 13, 2013 and August 7, 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 United Wire Factories Co.'s 4-for-5 reverse split on August 7, 2023, every 5 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.
United Wire Factories Co. has not announced a new split in our records. Its most recent split was on August 7, 2023, 3 years ago. Companies announce splits in advance, and any new TADAWUL:1301 split will appear on this page.
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