Dec 14, 2010
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Hagag Group Real Estate Development Ltd. (TASE:HGG) operates in the Real estate development industry.
Hagag Group Real Estate Development Ltd. company overviewHagag Group Real Estate Development Ltd.'s most recent stock split was on December 14, 2010. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Hagag Group Real Estate Development Ltd. (TASE:HGG) has split its stock 2 times: a 11-for-10 split on November 1, 1999 and a 1-for-100 reverse split on December 14, 2010.
Hagag Group Real Estate Development Ltd. has split its stock 2 times. This history records 2 splits between November 1, 1999 and December 14, 2010.
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 Hagag Group Real Estate Development Ltd.'s 1-for-100 reverse split on December 14, 2010, 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.
Hagag Group Real Estate Development Ltd. has not announced a new split in our records. Its most recent split was on December 14, 2010, 15 years ago. Companies announce splits in advance, and any new TASE:HGG split will appear on this page.
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