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    Real estate development
Elbit Real Estate Ltd

Elbit Real Estate Ltd

380.30
ILA
-12.20
(-3.11%)
-44.29EPS

Latest Stock Split

Jun 26, 2016

1:3

For every 3 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Jun 26, 2016
    Before—
    Split ratio1:3
    After—
    Reverse
  2. Aug 24, 2014
    Before—
    Split ratio1:20
    After—
    Reverse

About Elbit Real Estate Ltd stock splits

Elbit Real Estate Ltd (TASE:ELRL) operates in the Real estate development industry.

Elbit Real Estate Ltd company overview

When did Elbit Real Estate Ltd stock split?

Elbit Real Estate Ltd's most recent stock split was on June 26, 2016. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.

What is Elbit Real Estate Ltd's stock split history?

Elbit Real Estate Ltd (TASE:ELRL) has split its stock 2 times: a 1-for-20 reverse split on August 24, 2014 and a 1-for-3 reverse split on June 26, 2016.

How many times has Elbit Real Estate Ltd stock split?

Elbit Real Estate Ltd has split its stock 2 times. This history records 2 reverse splits between August 24, 2014 and June 26, 2016.

What is a reverse stock split?

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 Elbit Real Estate Ltd's 1-for-3 reverse split on June 26, 2016, every 3 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.

Will Elbit Real Estate Ltd split its stock again?

Elbit Real Estate Ltd has not announced a new split in our records. Its most recent split was on June 26, 2016, 10 years ago. Companies announce splits in advance, and any new TASE:ELRL split will appear on this page.