Jul 12, 2020
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $59.20 to $118.40.
The split itself did not change the total investment value.
Isramco Negev 2 Limited Partnership (TASE:ISRA) operates in the Integrated oil industry.
Isramco Negev 2 Limited Partnership company overviewIsramco Negev 2 Limited Partnership's most recent stock split was on July 12, 2020. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Isramco Negev 2 Limited Partnership (TASE:ISRA) has split its stock 7 times: a 1937-for-1000 split on June 4, 2009, a 543-for-500 split on November 11, 2009, a 549-for-500 split on April 25, 2010, a 511-for-500 split on October 14, 2010, a 95-for-92 split on April 28, 2011, a 2-for-5 reverse split on June 30, 2019, and a 1-for-2 reverse split on July 12, 2020.
Isramco Negev 2 Limited Partnership has split its stock 7 times. This history records 7 splits between June 4, 2009 and July 12, 2020.
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 Isramco Negev 2 Limited Partnership's 1-for-2 reverse split on July 12, 2020, every 2 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.
Isramco Negev 2 Limited Partnership has not announced a new split in our records. Its most recent split was on July 12, 2020, 6 years ago. Companies announce splits in advance, and any new TASE:ISRA split will appear on this page.
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