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    Financial conglomerates
Merchavia Holdings and Investments Ltd

Merchavia Holdings and Investments Ltd

TTASE:MRHL
121.40
ILA
-0.10
(-0.08%)

Latest Stock Split

Jan 14, 2024

1:5

For every 5 shares held, investors received 1. The price per share adjusted from $19.70 to $98.50.

The split itself did not change the total investment value.

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Stock Split History

  1. Jan 14, 2024
    Before$19.70
    Split ratio1:5
    After$98.50
    Reverse
  2. Oct 13, 2013
    Before—
    Split ratio10:1
    After—
    Forward

About Merchavia Holdings and Investments Ltd stock splits

Merchavia Holdings and Investments Ltd (TASE:MRHL) operates in the Financial conglomerates industry.

Merchavia Holdings and Investments Ltd company overview

When did Merchavia Holdings and Investments Ltd stock split?

Merchavia Holdings and Investments Ltd's most recent stock split was on January 14, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

What is Merchavia Holdings and Investments Ltd's stock split history?

Merchavia Holdings and Investments Ltd (TASE:MRHL) has split its stock 2 times: a 10-for-1 split on October 13, 2013 and a 1-for-5 reverse split on January 14, 2024.

How many times has Merchavia Holdings and Investments Ltd stock split?

Merchavia Holdings and Investments Ltd has split its stock 2 times. This history records 2 splits between October 13, 2013 and January 14, 2024.

What is a reverse stock split?

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 Merchavia Holdings and Investments Ltd's 1-for-5 reverse split on January 14, 2024, every 5 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.

Will Merchavia Holdings and Investments Ltd split its stock again?

Merchavia Holdings and Investments Ltd has not announced a new split in our records. Its most recent split was on January 14, 2024, 2 years ago. Companies announce splits in advance, and any new TASE:MRHL split will appear on this page.