Oct 11, 2015
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $120.00 to $2400.00.
The split itself did not change the total investment value.
Lapidoth-Heletz Lp (TASE:LPHL) operates in the Integrated oil industry.
Lapidoth-Heletz Lp company overviewLapidoth-Heletz Lp's most recent stock split was on October 11, 2015. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Lapidoth-Heletz Lp has split its stock once. This history records one reverse split, on October 11, 2015.
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 Lapidoth-Heletz Lp's 1-for-20 reverse split on October 11, 2015, every 20 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.
Lapidoth-Heletz Lp has not announced a new split in our records. Its most recent split was on October 11, 2015, 11 years ago. Companies announce splits in advance, and any new TASE:LPHL split will appear on this page.
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