Jan 08, 2017
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $270.40 to $2163.20.
The split itself did not change the total investment value.
Ratio Energies Limited Partnership (TASE:RATI) operates in the Integrated oil industry.
Ratio Energies Limited Partnership company overviewRatio Energies Limited Partnership's most recent stock split was on January 8, 2017. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Ratio Energies Limited Partnership (TASE:RATI) has split its stock 6 times: a 1-for-5 reverse split on November 7, 1999, a 50-for-11 split on November 10, 1999, a 10-for-7 split on February 22, 2000, a 3-for-2 split on October 10, 2000, a 1-for-100 reverse split on April 26, 2005, and a 1-for-8 reverse split on January 8, 2017.
Ratio Energies Limited Partnership has split its stock 6 times. This history records 6 splits between November 7, 1999 and January 8, 2017.
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 Ratio Energies Limited Partnership's 1-for-8 reverse split on January 8, 2017, every 8 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.
Ratio Energies Limited Partnership has not announced a new split in our records. Its most recent split was on January 8, 2017, 9 years ago. Companies announce splits in advance, and any new TASE:RATI split will appear on this page.
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