Oct 10, 2019
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $42.30 to $4230.00.
The split itself did not change the total investment value.
B. Gaon Holdings Ltd (TASE:GAON) operates in the Financial conglomerates industry.
B. Gaon Holdings Ltd company overviewB. Gaon Holdings Ltd's most recent stock split was on October 10, 2019. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
B. Gaon Holdings Ltd has split its stock once. This history records one reverse split, on October 10, 2019.
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 B. Gaon Holdings Ltd's 1-for-100 reverse split on October 10, 2019, 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.
B. Gaon Holdings Ltd has not announced a new split in our records. Its most recent split was on October 10, 2019, 7 years ago. Companies announce splits in advance, and any new TASE:GAON split will appear on this page.
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