Magic Software Enterprises Ltd.
NASDAQ: MGIC
Technology
Information Technology Services
Rank
#10558
Market Cap
792.95 M
Volume
131,075
Price
16.15
Change (%)
1.99%
Country or region
Israel
Israel
Magic Software Enterprises Ltd. Stock Split History Overview
This company has undergone a total of one stock splits throughout its history. One forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 02/14/2000 with a ratio of 3-for-1. If an investor had purchased one share prior to the first split on 02/14/2000, that single share would now have grown to 3 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Magic Software Enterprises Ltd. (NASDAQ: MGIC) Stock Split History
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| 02/14/2000 | 3:1 | x3 | x3 | Forward |
Frequently Asked Questions
If Magic Software Enterprises Ltd. (stock symbol: NASDAQ: MGIC) had never undergone any stock splits, its price per share today would be approximately 48.45 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 3-for-1) that occurred on 02/14/2000.
Magic Software Enterprises Ltd. (stock symbol: NASDAQ: MGIC) has undergone a total of one stock splits. The most recent split occurred on 02/14/2000. One share bought prior to the first split on 02/14/2000 would now equal 3.00 shares.
Magic Software Enterprises Ltd. (stock symbol: NASDAQ: MGIC) has undergone one stock splits in its history. The most recent split, a 3-for-1 split, occurred on 02/14/2000. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.
