Feb 13, 2010
10:17
For every 17 shares held, investors received 10. The price per share adjusted from $7.65 to $13.01.
The split itself did not change the total investment value.
Kingdom Holding Co. (TADAWUL:4280) operates in the Financial conglomerates industry.
Kingdom Holding Co. company overviewKingdom Holding Co.'s most recent stock split was on February 13, 2010. It was a 10-for-17 reverse split, so shareholders received 10 shares for every 17 they held.
Kingdom Holding Co. has split its stock once. This history records one reverse split, on February 13, 2010.
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 Kingdom Holding Co.'s 10-for-17 reverse split on February 13, 2010, every 17 shares became 10 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Kingdom Holding Co. has not announced a new split in our records. Its most recent split was on February 13, 2010, 16 years ago. Companies announce splits in advance, and any new TADAWUL:4280 split will appear on this page.
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