Aug 04, 2021
99:100
For every 100 shares held, investors received 99. The price per share adjusted from $11890.00 to $12010.10.
The split itself did not change the total investment value.
Telsys Ltd. (TASE:TLSY) operates in the Electronic production equipment industry.
Telsys Ltd. company overviewTelsys Ltd.'s most recent stock split was on August 4, 2021. It was a 99-for-100 reverse split, so shareholders received 99 shares for every 100 they held.
Telsys Ltd. (TASE:TLSY) has split its stock 2 times: a 100-for-99 split on August 3, 2021 and a 99-for-100 reverse split on August 4, 2021.
Telsys Ltd. has split its stock 2 times. This history records 2 splits between August 3, 2021 and August 4, 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 Telsys Ltd.'s 99-for-100 reverse split on August 4, 2021, every 100 shares became 99 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Telsys Ltd. has not announced a new split in our records. Its most recent split was on August 4, 2021, 5 years ago. Companies announce splits in advance, and any new TASE:TLSY split will appear on this page.
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