Jul 27, 2022
127:252
For every 252 shares held, investors received 127. The price per share adjusted from $14.26 to $28.30.
The split itself did not change the total investment value.
Red Sea International Co. (TADAWUL:4230) operates in the Building products industry.
Red Sea International Co. company overviewRed Sea International Co.'s most recent stock split was on July 27, 2022. It was a 127-for-252 reverse split, so shareholders received 127 shares for every 252 they held.
Red Sea International Co. (TADAWUL:4230) has split its stock 3 times: a 4-for-3 split on April 21, 2012, a 3-for-2 split on April 27, 2014, and a 127-for-252 reverse split on July 27, 2022.
Red Sea International Co. has split its stock 3 times. This history records 3 splits between April 21, 2012 and July 27, 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 Red Sea International Co.'s 127-for-252 reverse split on July 27, 2022, every 252 shares became 127 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Red Sea International Co. has not announced a new split in our records. Its most recent split was on July 27, 2022, 4 years ago. Companies announce splits in advance, and any new TADAWUL:4230 split will appear on this page.
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