Aug 29, 2011
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $11.50 to $1150.00.
The split itself did not change the total investment value.
Nawi Group Ltd. (TASE:NAWI) operates in the Finance/Rental/Leasing industry.
Nawi Group Ltd. company overviewNawi Group Ltd.'s most recent stock split was on August 29, 2011. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Nawi Group Ltd. has split its stock once. This history records one reverse split, on August 29, 2011.
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 Nawi Group Ltd.'s 1-for-100 reverse split on August 29, 2011, every 100 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.
Nawi Group Ltd. has not announced a new split in our records. Its most recent split was on August 29, 2011, 15 years ago. Companies announce splits in advance, and any new TASE:NAWI split will appear on this page.
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