Mar 17, 2024
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
BARAK INVESTMENT HOUSE LTD (TASE:BARI) operates in the Real estate development industry.
BARAK INVESTMENT HOUSE LTD company overviewBARAK INVESTMENT HOUSE LTD's most recent stock split was on March 17, 2024. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
BARAK INVESTMENT HOUSE LTD (TASE:BARI) has split its stock 4 times: a 69-for-37 split on June 7, 2010, a 1-for-50 reverse split on August 31, 2010, a 1-for-10 reverse split on January 29, 2023, and a 1-for-100 reverse split on March 17, 2024.
BARAK INVESTMENT HOUSE LTD has split its stock 4 times. This history records 4 splits between June 7, 2010 and March 17, 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 BARAK INVESTMENT HOUSE LTD's 1-for-100 reverse split on March 17, 2024, every 100 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.
BARAK INVESTMENT HOUSE LTD has not announced a new split in our records. Its most recent split was on March 17, 2024, 2 years ago. Companies announce splits in advance, and any new TASE:BARI split will appear on this page.
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