Dec 19, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $369.00 to $3690.00.
The split itself did not change the total investment value.
Seach Medical Group Ltd. (TASE:SEMG) operates in the Pharmaceuticals: other industry.
Seach Medical Group Ltd. company overviewSeach Medical Group Ltd.'s most recent stock split was on December 19, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Seach Medical Group Ltd. (TASE:SEMG) has split its stock 5 times: a 1-for-5 reverse split on January 18, 2015, a 1-for-55000 reverse split on April 14, 2019, a 10-for-1 split on May 22, 2019, a 1-for-40 reverse split on July 28, 2019, and a 1-for-10 reverse split on December 19, 2021.
Seach Medical Group Ltd. has split its stock 5 times. This history records 5 splits between January 18, 2015 and December 19, 2021.
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 Seach Medical Group Ltd.'s 1-for-10 reverse split on December 19, 2021, 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.
Seach Medical Group Ltd. has not announced a new split in our records. Its most recent split was on December 19, 2021, 4 years ago. Companies announce splits in advance, and any new TASE:SEMG split will appear on this page.
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