Companies:
50,327
Total Market Cap:
143774721888986.26
Global Rank
#24401
Country Rank
#124
Market Cap
108.97 M
Price
0.899
Change (%)
0.00%
Volume
0
Ras Al Khaimah National Insurance Company P.S.C. (ADX-RAKNIC) Stock Split History
This company has undergone a total of seven stock splits throughout its history. Seven forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 04/09/2020 with a ratio of 1.05-for-1. If an investor had purchased one share prior to the first split on 03/12/2006, that single share would now have grown to 18.380707 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| 04/09/2020 | 1.05:1 | x1.05 | x18.38071 | Forward |
| 04/24/2019 | 1.05:1 | x1.05 | x17.50544 | Forward |
| 03/24/2010 | 1.111:1 | x1.111 | x16.67184 | Forward |
| 04/16/2009 | 1.125:1 | x1.125 | x15.00616 | Forward |
| 03/06/2008 | 1.143:1 | x1.143 | x13.33881 | Forward |
| 03/08/2007 | 1.167:1 | x1.167 | x11.67 | Forward |
| 03/12/2006 | 10:1 | x10 | x10 | Forward |
Frequently Asked Questions
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How much would Ras Al Khaimah National Insurance Company P.S.C. stock be worth if it never split?If Ras Al Khaimah National Insurance Company P.S.C. (stock symbol: ADX-RAKNIC) had never undergone any stock splits, its price per share today would be approximately 16.52 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1.05-for-1) that occurred on 04/09/2020.
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Has Ras Al Khaimah National Insurance Company P.S.C. stock ever split?Ras Al Khaimah National Insurance Company P.S.C. (stock symbol: ADX-RAKNIC) has undergone a total of seven stock splits. The most recent split occurred on 04/09/2020. One share bought prior to the first split on 03/12/2006 would now equal 18.38 shares.
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Will Ras Al Khaimah National Insurance Company P.S.C. stock split again?Ras Al Khaimah National Insurance Company P.S.C. (stock symbol: ADX-RAKNIC) has undergone seven stock splits in its history. The most recent split, a 10-for-1 split, occurred on 04/09/2020. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.