Aug 22, 1999
8:5
For every 5 shares held, investors received 8.
The split itself did not change the total investment value.
Phoenix Financial Ltd (TASE:PHOE) operates in the Multi-line insurance industry.
Phoenix Financial Ltd company overviewPhoenix Financial Ltd's most recent stock split was on August 22, 1999. It was a 8-for-5 forward split, so shareholders received 8 shares for every 5 they held.
Phoenix Financial Ltd (TASE:PHOE) has split its stock 3 times: a 7-for-5 split on August 25, 1996, a 7-for-1 split on December 23, 1998, and a 8-for-5 split on August 22, 1999.
Phoenix Financial Ltd has split its stock 3 times. This history records 3 forward splits between August 25, 1996 and August 22, 1999.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Phoenix Financial Ltd's 8-for-5 split on August 22, 1999, every 5 shares became 8 shares.
Phoenix Financial Ltd has not announced a new split in our records. Its most recent split was on August 22, 1999, 27 years ago. Companies announce splits in advance, and any new TASE:PHOE split will appear on this page.
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