Middle East Glass Manufacturing Company S.A.E. (EGX-MEGM) Stock Split History
This company has undergone a total of two stock splits throughout its history. Two forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 01/06/2020 with a ratio of 1.57-for-1. If an investor had purchased one share prior to the first split on 02/20/2018, that single share would now have grown to 15.700001 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Date | Split Ratio | Multiple | Cumulative multiple | Type |
---|---|---|---|---|
01/06/2020 | 1.57:1 | x1.57 | x15.7 | Forward |
02/20/2018 | 10:1 | x10 | x10 | Forward |
Frequently Asked Questions
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How much would Middle East Glass Manufacturing Company S.A.E. stock be worth if it never split?If Middle East Glass Manufacturing Company S.A.E. (stock symbol: EGX-MEGM) had never undergone any stock splits, its price per share today would be approximately 3.85 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1.57-for-1) that occurred on 01/06/2020.
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Has Middle East Glass Manufacturing Company S.A.E. stock ever split?Middle East Glass Manufacturing Company S.A.E. (stock symbol: EGX-MEGM) has undergone a total of two stock splits. The most recent split occurred on 01/06/2020. One share bought prior to the first split on 02/20/2018 would now equal 15.70 shares.
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Will Middle East Glass Manufacturing Company S.A.E. stock split again?Middle East Glass Manufacturing Company S.A.E. (stock symbol: EGX-MEGM) has undergone two stock splits in its history. The most recent split, a 10-for-1 split, occurred on 01/06/2020. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.