Oct 21, 2018
1:50
For every 50 shares held, investors received 1.
The split itself did not change the total investment value.
Airengy Tech Ltd. (TASE:ARNG) operates in the Electrical products industry.
Airengy Tech Ltd. company overviewAirengy Tech Ltd.'s most recent stock split was on October 21, 2018. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Airengy Tech Ltd. (TASE:ARNG) has split its stock 6 times: a 99-for-79 split on February 22, 2012, a 1-for-10 reverse split on December 15, 2013, a 1-for-10 reverse split on January 25, 2015, a 38-for-37 split on April 13, 2015, a 1-for-10 reverse split on November 6, 2016, and a 1-for-50 reverse split on October 21, 2018.
Airengy Tech Ltd. has split its stock 6 times. This history records 6 splits between February 22, 2012 and October 21, 2018.
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 Airengy Tech Ltd.'s 1-for-50 reverse split on October 21, 2018, every 50 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.
Airengy Tech Ltd. has not announced a new split in our records. Its most recent split was on October 21, 2018, 8 years ago. Companies announce splits in advance, and any new TASE:ARNG split will appear on this page.
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