How much would The National Bank of Ras Al-Khaimah (P.S.C.) stock be worth if it never split?

If The National Bank of Ras Al-Khaimah (P.S.C.) (stock symbol: ADX-RAKBANK) had never undergone any stock splits, its price per share today would be approximately 71.17 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1.2-for-1) that occurred on 06/23/2023.

Has The National Bank of Ras Al-Khaimah (P.S.C.) stock ever split?

The National Bank of Ras Al-Khaimah (P.S.C.) (stock symbol: ADX-RAKBANK) has undergone a total of eight stock splits. The most recent split occurred on 06/23/2023. One share bought prior to the first split on 09/13/2005 would now equal 36.94 shares.

Will The National Bank of Ras Al-Khaimah (P.S.C.) stock split again?

The National Bank of Ras Al-Khaimah (P.S.C.) (stock symbol: ADX-RAKBANK) has undergone eight stock splits in its history. The most recent split, a 10-for-1 split, occurred on 06/23/2023. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.

The National Bank of Ras Al-Khaimah (P.S.C.)

ADX-RAKBANK

Commercial Banks

Global Rank

#4041

Country Rank

#37

United Arab Emirates

Market Cap

3.83 B

Price

1.93

Change (%)

0.71%

Volume

84,618

The National Bank of Ras Al-Khaimah (P.S.C.) (ADX-RAKBANK) Stock Split History

This company has undergone a total of eight stock splits throughout its history. Eight forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 06/23/2023 with a ratio of 1.2-for-1. If an investor had purchased one share prior to the first split on 09/13/2005, that single share would now have grown to 36.942055 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.

Date	Split Ratio	Multiple	Cumulative multiple	Type
06/23/2023	1.2:1	x1.2	x36.94205	Forward
05/01/2012	1.1:1	x1.1	x30.78504	Forward
03/16/2010	1.2:1	x1.2	x27.9864	Forward
03/19/2009	1.3:1	x1.3	x23.322	Forward
03/18/2008	1.2:1	x1.2	x17.94	Forward
03/11/2007	1.15:1	x1.15	x14.95	Forward
03/17/2006	1.3:1	x1.3	x13	Forward
09/13/2005	10:1	x10	x10	Forward

Frequently Asked Questions

How much would The National Bank of Ras Al-Khaimah (P.S.C.) stock be worth if it never split?

If The National Bank of Ras Al-Khaimah (P.S.C.) (stock symbol: ADX-RAKBANK) had never undergone any stock splits, its price per share today would be approximately 71.17 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1.2-for-1) that occurred on 06/23/2023.
Has The National Bank of Ras Al-Khaimah (P.S.C.) stock ever split?

The National Bank of Ras Al-Khaimah (P.S.C.) (stock symbol: ADX-RAKBANK) has undergone a total of eight stock splits. The most recent split occurred on 06/23/2023. One share bought prior to the first split on 09/13/2005 would now equal 36.94 shares.
Will The National Bank of Ras Al-Khaimah (P.S.C.) stock split again?

The National Bank of Ras Al-Khaimah (P.S.C.) (stock symbol: ADX-RAKBANK) has undergone eight stock splits in its history. The most recent split, a 10-for-1 split, occurred on 06/23/2023. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.

Stock Split Overview

Total Number of Splits	8
Recent Split Date	06/23/2023
Recent Split Ratio	1.2:1
Cumulative multiple	x36.942055

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