Mar 17, 2024
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Y.B Urban Renewal - Residential Development LTD. (TASE:YBRD) operates in the Food: major diversified industry.
Y.B Urban Renewal - Residential Development LTD. company overviewY.B Urban Renewal - Residential Development LTD.'s most recent stock split was on March 17, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Y.B Urban Renewal - Residential Development LTD. (TASE:YBRD) has split its stock 6 times: a 1-for-10 reverse split on February 14, 2002, a 94-for-51 split on January 23, 2007, a 1-for-1000 reverse split on January 25, 2010, a 1-for-10 reverse split on July 14, 2013, a 1-for-10 reverse split on July 24, 2022, and a 1-for-10 reverse split on March 17, 2024.
Y.B Urban Renewal - Residential Development LTD. has split its stock 6 times. This history records 6 splits between February 14, 2002 and March 17, 2024.
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 Y.B Urban Renewal - Residential Development LTD.'s 1-for-10 reverse split on March 17, 2024, 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.
Y.B Urban Renewal - Residential Development LTD. has not announced a new split in our records. Its most recent split was on March 17, 2024, 2 years ago. Companies announce splits in advance, and any new TASE:YBRD split will appear on this page.
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