Nov 10, 2019
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
Israel Canada Hotels Ltd (TASE:ICHO) operates in the Medical specialties industry.
Israel Canada Hotels Ltd company overviewIsrael Canada Hotels Ltd's most recent stock split was on November 10, 2019. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Israel Canada Hotels Ltd (TASE:ICHO) has split its stock 2 times: a 1-for-2 reverse split on October 6, 2015 and a 1-for-6 reverse split on November 10, 2019.
Israel Canada Hotels Ltd has split its stock 2 times. This history records 2 reverse splits between October 6, 2015 and November 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 Israel Canada Hotels Ltd's 1-for-6 reverse split on November 10, 2019, every 6 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.
Israel Canada Hotels Ltd has not announced a new split in our records. Its most recent split was on November 10, 2019, 6 years ago. Companies announce splits in advance, and any new TASE:ICHO split will appear on this page.
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