Dec 16, 2021
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
MirLand Development Corporation Plc (TASE:MLD-M) operates in the Real estate investment trusts industry.
MirLand Development Corporation Plc company overviewMirLand Development Corporation Plc's most recent stock split was on December 16, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
MirLand Development Corporation Plc has split its stock once. This history records one reverse split, on December 16, 2021.
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 MirLand Development Corporation Plc's 1-for-10 reverse split on December 16, 2021, 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.
MirLand Development Corporation Plc has not announced a new split in our records. Its most recent split was on December 16, 2021, 4 years ago. Companies announce splits in advance, and any new TASE:MLD-M split will appear on this page.
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