Jul 27, 2014
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $137.00 to $1370.00.
The split itself did not change the total investment value.
S.R Accord Ltd. (TASE:SRAC) operates in the Finance/Rental/Leasing industry.
S.R Accord Ltd. company overviewS.R Accord Ltd.'s most recent stock split was on July 27, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
S.R Accord Ltd. (TASE:SRAC) has split its stock 2 times: a 1-for-100 reverse split on July 28, 2013 and a 1-for-10 reverse split on July 27, 2014.
S.R Accord Ltd. has split its stock 2 times. This history records 2 reverse splits between July 28, 2013 and July 27, 2014.
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 S.R Accord Ltd.'s 1-for-10 reverse split on July 27, 2014, 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.
S.R Accord Ltd. has not announced a new split in our records. Its most recent split was on July 27, 2014, 12 years ago. Companies announce splits in advance, and any new TASE:SRAC split will appear on this page.
Already premium?