Apr 06, 2014
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
AERODROME GROUP LTD (TASE:ARDM) operates in the Packaged software industry.
AERODROME GROUP LTD company overviewAERODROME GROUP LTD's most recent stock split was on April 6, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
AERODROME GROUP LTD (TASE:ARDM) has split its stock 5 times: a 1-for-10 reverse split on May 20, 1997, a 1-for-10 reverse split on July 30, 2012, a 1-for-8 reverse split on January 13, 2013, a 1-for-32 reverse split on March 17, 2013, and a 1-for-10 reverse split on April 6, 2014.
AERODROME GROUP LTD has split its stock 5 times. This history records 5 reverse splits between May 20, 1997 and April 6, 2014.
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 AERODROME GROUP LTD's 1-for-10 reverse split on April 6, 2014, every 10 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.
AERODROME GROUP LTD has not announced a new split in our records. Its most recent split was on April 6, 2014, 12 years ago. Companies announce splits in advance, and any new TASE:ARDM split will appear on this page.
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