May 22, 2011
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Brainsway Ltd (TASE:BWAY) operates in the Medical specialties industry.
Brainsway Ltd company overviewBrainsway Ltd's most recent stock split was on May 22, 2011. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Brainsway Ltd has split its stock once. This history records one reverse split, on May 22, 2011.
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 Brainsway Ltd's 1-for-4 reverse split on May 22, 2011, every 4 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.
Brainsway Ltd has not announced a new split in our records. Its most recent split was on May 22, 2011, 15 years ago. Companies announce splits in advance, and any new TASE:BWAY split will appear on this page.
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