Mar 24, 2024
3:5
For every 5 shares held, investors received 3. The price per share adjusted from $8.41 to $14.02.
The split itself did not change the total investment value.
Gulf General Cooperative Insurance Co. (TADAWUL:8260) operates in the Multi-line insurance industry.
Gulf General Cooperative Insurance Co. company overviewGulf General Cooperative Insurance Co.'s most recent stock split was on March 24, 2024. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
Gulf General Cooperative Insurance Co. (TADAWUL:8260) has split its stock 2 times: a 5-for-3 split on June 29, 2021 and a 3-for-5 reverse split on March 24, 2024.
Gulf General Cooperative Insurance Co. has split its stock 2 times. This history records 2 splits between June 29, 2021 and March 24, 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 Gulf General Cooperative Insurance Co.'s 3-for-5 reverse split on March 24, 2024, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Gulf General Cooperative Insurance Co. has not announced a new split in our records. Its most recent split was on March 24, 2024, 2 years ago. Companies announce splits in advance, and any new TADAWUL:8260 split will appear on this page.
Already premium?