Feb 07, 2021
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $35.40 to $106.20.
The split itself did not change the total investment value.
GEFFEN RESIDENCE & RENEWAL LTD (TASE:GEFR) operates in the Agricultural commodities/Milling industry.
GEFFEN RESIDENCE & RENEWAL LTD company overviewGEFFEN RESIDENCE & RENEWAL LTD's most recent stock split was on February 7, 2021. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
GEFFEN RESIDENCE & RENEWAL LTD has split its stock once. This history records one reverse split, on February 7, 2021.
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 GEFFEN RESIDENCE & RENEWAL LTD's 1-for-3 reverse split on February 7, 2021, 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.
GEFFEN RESIDENCE & RENEWAL LTD has not announced a new split in our records. Its most recent split was on February 7, 2021, 5 years ago. Companies announce splits in advance, and any new TASE:GEFR split will appear on this page.
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