Feb 29, 2016
10:9
For every 9 shares held, investors received 10. The price per share adjusted from $1495.00 to $1345.50.
The split itself did not change the total investment value.
Gilat Satellite Networks Ltd. (TASE:GILT) operates in the Telecommunications equipment industry.
Gilat Satellite Networks Ltd. company overviewGilat Satellite Networks Ltd.'s most recent stock split was on February 29, 2016. It was a 10-for-9 forward split, so shareholders received 10 shares for every 9 they held.
Gilat Satellite Networks Ltd. (TASE:GILT) has split its stock 2 times: a 1-for-20 reverse split on April 16, 2003 and a 10-for-9 split on February 29, 2016.
Gilat Satellite Networks Ltd. has split its stock 2 times. This history records 2 splits between April 16, 2003 and February 29, 2016.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Gilat Satellite Networks Ltd.'s 10-for-9 split on February 29, 2016, every 9 shares became 10 shares.
Gilat Satellite Networks Ltd. has not announced a new split in our records. Its most recent split was on February 29, 2016, 10 years ago. Companies announce splits in advance, and any new TASE:GILT split will appear on this page.
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