Dec 05, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $298.00 to $2980.00.
The split itself did not change the total investment value.
Ari Real Estate (Arena) Investment Ltd. (TASE:ARIN) operates in the Real estate development industry.
Ari Real Estate (Arena) Investment Ltd. company overviewAri Real Estate (Arena) Investment Ltd.'s most recent stock split was on December 5, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Ari Real Estate (Arena) Investment Ltd. (TASE:ARIN) has split its stock 2 times: a 161-for-100 split on June 6, 2007 and a 1-for-10 reverse split on December 5, 2021.
Ari Real Estate (Arena) Investment Ltd. has split its stock 2 times. This history records 2 splits between June 6, 2007 and December 5, 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 Ari Real Estate (Arena) Investment Ltd.'s 1-for-10 reverse split on December 5, 2021, 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.
Ari Real Estate (Arena) Investment Ltd. has not announced a new split in our records. Its most recent split was on December 5, 2021, 4 years ago. Companies announce splits in advance, and any new TASE:ARIN split will appear on this page.
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