Dec 24, 2023
1:50
For every 50 shares held, investors received 1.
The split itself did not change the total investment value.
BLITZ TECHNOLOGIES LTD (TASE:BLITZ) operates in the Motor vehicles industry.
BLITZ TECHNOLOGIES LTD company overviewBLITZ TECHNOLOGIES LTD's most recent stock split was on December 24, 2023. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
BLITZ TECHNOLOGIES LTD (TASE:BLITZ) has split its stock 3 times: a 24-for-23 split on December 6, 2010, a 1-for-10 reverse split on September 6, 2015, and a 1-for-50 reverse split on December 24, 2023.
BLITZ TECHNOLOGIES LTD has split its stock 3 times. This history records 3 splits between December 6, 2010 and December 24, 2023.
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 BLITZ TECHNOLOGIES LTD's 1-for-50 reverse split on December 24, 2023, 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.
BLITZ TECHNOLOGIES LTD has not announced a new split in our records. Its most recent split was on December 24, 2023, 2 years ago. Companies announce splits in advance, and any new TASE:BLITZ split will appear on this page.
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