1. Saudi Arabia Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Middle East Specialized Cables Co.

Middle East Specialized Cables Co.

TTADAWUL:2370
27.82
SAR
-2.28
(-7.57%)
2.93EPS
10.39P/E
1.22BMarket Cap

Latest Stock Split

Nov 07, 2018

2:3

For every 3 shares held, investors received 2. The price per share adjusted from $8.50 to $12.75.

The split itself did not change the total investment value.

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Stock Split History

  1. Nov 07, 2018
    Before$8.50
    Split ratio2:3
    After$12.75
    Reverse
  2. Aug 28, 2013
    Before$17.20
    Split ratio43:37
    After$14.80
    Forward
  3. Jul 19, 2008
    Before$110.75
    Split ratio5:4
    After$88.60
    Forward

About Middle East Specialized Cables Co. stock splits

Middle East Specialized Cables Co. (TADAWUL:2370) operates in the Electrical products industry.

Middle East Specialized Cables Co. company overview

When did Middle East Specialized Cables Co. stock split?

Middle East Specialized Cables Co.'s most recent stock split was on November 7, 2018. It was a 2-for-3 reverse split, so shareholders received 2 shares for every 3 they held.

What is Middle East Specialized Cables Co.'s stock split history?

Middle East Specialized Cables Co. (TADAWUL:2370) has split its stock 3 times: a 5-for-4 split on July 19, 2008, a 43-for-37 split on August 28, 2013, and a 2-for-3 reverse split on November 7, 2018.

How many times has Middle East Specialized Cables Co. stock split?

Middle East Specialized Cables Co. has split its stock 3 times. This history records 3 splits between July 19, 2008 and November 7, 2018.

What is a reverse stock split?

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 Middle East Specialized Cables Co.'s 2-for-3 reverse split on November 7, 2018, every 3 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Middle East Specialized Cables Co. split its stock again?

Middle East Specialized Cables Co. has not announced a new split in our records. Its most recent split was on November 7, 2018, 7 years ago. Companies announce splits in advance, and any new TADAWUL:2370 split will appear on this page.