Jun 06, 2024
13:50
For every 50 shares held, investors received 13. The price per share adjusted from $14.42 to $55.46.
The split itself did not change the total investment value.
THIMAR Development Holding Co. (TADAWUL:4160) operates in the Food distributors industry.
THIMAR Development Holding Co. company overviewTHIMAR Development Holding Co.'s most recent stock split was on June 6, 2024. It was a 13-for-50 reverse split, so shareholders received 13 shares for every 50 they held.
THIMAR Development Holding Co. (TADAWUL:4160) has split its stock 3 times: a 5-for-1 split on April 2, 2006, a 1490-for-971 split on October 9, 2023, and a 13-for-50 reverse split on June 6, 2024.
THIMAR Development Holding Co. has split its stock 3 times. This history records 3 splits between April 2, 2006 and June 6, 2024.
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 THIMAR Development Holding Co.'s 13-for-50 reverse split on June 6, 2024, every 50 shares became 13 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
THIMAR Development Holding Co. has not announced a new split in our records. Its most recent split was on June 6, 2024, 2 years ago. Companies announce splits in advance, and any new TADAWUL:4160 split will appear on this page.
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