Oct 17, 2021
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $340.00 to $13600.00.
The split itself did not change the total investment value.
ALARUM TECHNOLOGIES LTD (TASE:ALAR) operates in the Information technology services industry.
ALARUM TECHNOLOGIES LTD company overviewALARUM TECHNOLOGIES LTD's most recent stock split was on October 17, 2021. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
ALARUM TECHNOLOGIES LTD (TASE:ALAR) has split its stock 3 times: a 1-for-800 reverse split on March 1, 2016, a 1-for-20 reverse split on October 22, 2019, and a 1-for-40 reverse split on October 17, 2021.
ALARUM TECHNOLOGIES LTD has split its stock 3 times. This history records 3 reverse splits between March 1, 2016 and October 17, 2021.
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 ALARUM TECHNOLOGIES LTD's 1-for-40 reverse split on October 17, 2021, every 40 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ALARUM TECHNOLOGIES LTD has not announced a new split in our records. Its most recent split was on October 17, 2021, 5 years ago. Companies announce splits in advance, and any new TASE:ALAR split will appear on this page.
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