Sep 10, 2023
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
RAY TLV GROUP LTD (TASE:RAYG) operates in the Miscellaneous commercial services industry.
RAY TLV GROUP LTD company overviewRAY TLV GROUP LTD's most recent stock split was on September 10, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
RAY TLV GROUP LTD has split its stock once. This history records one reverse split, on September 10, 2023.
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 RAY TLV GROUP LTD's 1-for-10 reverse split on September 10, 2023, every 10 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.
RAY TLV GROUP LTD has not announced a new split in our records. Its most recent split was on September 10, 2023, 3 years ago. Companies announce splits in advance, and any new TASE:RAYG split will appear on this page.
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