Jan 17, 2021
1:250
For every 250 shares held, investors received 1.
The split itself did not change the total investment value.
GOLDEN ENERGY POWER LTD. (TASE:GLDE) operates in the Financial conglomerates industry.
GOLDEN ENERGY POWER LTD. company overviewGOLDEN ENERGY POWER LTD.'s most recent stock split was on January 17, 2021. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
GOLDEN ENERGY POWER LTD. (TASE:GLDE) has split its stock 2 times: a 1-for-100 reverse split on August 18, 2019 and a 1-for-250 reverse split on January 17, 2021.
GOLDEN ENERGY POWER LTD. has split its stock 2 times. This history records 2 reverse splits between August 18, 2019 and January 17, 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 GOLDEN ENERGY POWER LTD.'s 1-for-250 reverse split on January 17, 2021, every 250 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.
GOLDEN ENERGY POWER LTD. has not announced a new split in our records. Its most recent split was on January 17, 2021, 5 years ago. Companies announce splits in advance, and any new TASE:GLDE split will appear on this page.
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