Jul 14, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $101.50 to $1015.00.
The split itself did not change the total investment value.
CIELO-BLU GROUP LTD (TASE:CILO) operates in the Homebuilding industry.
CIELO-BLU GROUP LTD company overviewCIELO-BLU GROUP LTD's most recent stock split was on July 14, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
CIELO-BLU GROUP LTD has split its stock once. This history records one reverse split, on July 14, 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 CIELO-BLU GROUP LTD's 1-for-10 reverse split on July 14, 2024, 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.
CIELO-BLU GROUP LTD has not announced a new split in our records. Its most recent split was on July 14, 2024, 2 years ago. Companies announce splits in advance, and any new TASE:CILO split will appear on this page.
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