Nov 28, 2021
730:877
For every 877 shares held, investors received 730. The price per share adjusted from $27.42 to $32.94.
The split itself did not change the total investment value.
National Metal Manufacturing & Casting Co. (TADAWUL:2220) operates in the Steel industry.
National Metal Manufacturing & Casting Co. company overviewNational Metal Manufacturing & Casting Co.'s most recent stock split was on November 28, 2021. It was a 730-for-877 reverse split, so shareholders received 730 shares for every 877 they held.
National Metal Manufacturing & Casting Co. (TADAWUL:2220) has split its stock 5 times: a 5-for-1 split on April 15, 2006, a 5-for-4 split on April 8, 2008, a 5-for-4 split on April 27, 2009, a 11-for-10 split on April 25, 2012, and a 730-for-877 reverse split on November 28, 2021.
National Metal Manufacturing & Casting Co. has split its stock 5 times. This history records 5 splits between April 15, 2006 and November 28, 2021.
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 National Metal Manufacturing & Casting Co.'s 730-for-877 reverse split on November 28, 2021, every 877 shares became 730 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
National Metal Manufacturing & Casting Co. has not announced a new split in our records. Its most recent split was on November 28, 2021, 4 years ago. Companies announce splits in advance, and any new TADAWUL:2220 split will appear on this page.
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