Aug 26, 2018
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $417.00 to $1251.00.
The split itself did not change the total investment value.
Perion Network Ltd (TASE:PERI) operates in the Internet software/Services industry.
Perion Network Ltd company overviewPerion Network Ltd's most recent stock split was on August 26, 2018. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Perion Network Ltd has split its stock once. This history records one reverse split, on August 26, 2018.
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 Perion Network Ltd's 1-for-3 reverse split on August 26, 2018, every 3 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.
Perion Network Ltd has not announced a new split in our records. Its most recent split was on August 26, 2018, 8 years ago. Companies announce splits in advance, and any new TASE:PERI split will appear on this page.
Already premium?