Magic Software Enterprises Ltd
NASDAQ:MGIC
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MGIC's latest stock split occurred on Feb 14, 2000
The company executed a 3-for-1 stock split, meaning that for every share held, investors received 3 new shares.
The adjusted shares began trading on Feb 14, 2000. This was the only stock split in MGIC's history.
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Magic Software Enterprises Ltd
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Magic Software Enterprises Ltd. engages in the provision of proprietary application development and business process integration platforms, vertical software solutions, and vendor of information technology (IT) outsourcing software services. The firm is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. The company operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.
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