May 15, 2016
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Israel Land Development - Urban Renewal Ltd. (TASE:ILDR) operates in the Homebuilding industry.
Israel Land Development - Urban Renewal Ltd. company overviewIsrael Land Development - Urban Renewal Ltd.'s most recent stock split was on May 15, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Israel Land Development - Urban Renewal Ltd. (TASE:ILDR) has split its stock 3 times: a 7-for-1 split on January 25, 2011, a 1-for-10 reverse split on February 10, 2013, and a 1-for-10 reverse split on May 15, 2016.
Israel Land Development - Urban Renewal Ltd. has split its stock 3 times. This history records 3 splits between January 25, 2011 and May 15, 2016.
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 Land Development - Urban Renewal Ltd.'s 1-for-10 reverse split on May 15, 2016, every 10 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 Land Development - Urban Renewal Ltd. has not announced a new split in our records. Its most recent split was on May 15, 2016, 10 years ago. Companies announce splits in advance, and any new TASE:ILDR split will appear on this page.
Already premium?