Jul 28, 2022
159:625
For every 625 shares held, investors received 159. The price per share adjusted from $14.54 to $57.15.
The split itself did not change the total investment value.
Saudi Cable Co. (TADAWUL:2110) operates in the Electrical products industry.
Saudi Cable Co. company overviewSaudi Cable Co.'s most recent stock split was on July 28, 2022. It was a 159-for-625 reverse split, so shareholders received 159 shares for every 625 they held.
Saudi Cable Co. (TADAWUL:2110) has split its stock 6 times: a 579-for-500 split on January 22, 2006, a 5-for-1 split on April 15, 2006, a 75-for-274 reverse split on September 5, 2018, a 145-for-71 split on January 1, 2020, a 727-for-1000 reverse split on February 24, 2022, and a 159-for-625 reverse split on July 28, 2022.
Saudi Cable Co. has split its stock 6 times. This history records 6 splits between January 22, 2006 and July 28, 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 Saudi Cable Co.'s 159-for-625 reverse split on July 28, 2022, every 625 shares became 159 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Saudi Cable Co. has not announced a new split in our records. Its most recent split was on July 28, 2022, 4 years ago. Companies announce splits in advance, and any new TADAWUL:2110 split will appear on this page.
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