Jun 12, 2024
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $4.67 to $23.35.
The split itself did not change the total investment value.
Colorchips New Media Ltd. (BSE:COLORCHIPS) operates in the Movies/Entertainment industry.
Colorchips New Media Ltd. company overviewColorchips New Media Ltd.'s most recent stock split was on June 12, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Colorchips New Media Ltd. (BSE:COLORCHIPS) has split its stock 4 times: a 2-for-1 split on March 10, 2017, a 1-for-10 reverse split on October 22, 2018, a 5-for-1 split on October 12, 2022, and a 1-for-5 reverse split on June 12, 2024.
Colorchips New Media Ltd. has split its stock 4 times. This history records 4 splits between March 10, 2017 and June 12, 2024.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Colorchips New Media Ltd.'s 1-for-5 reverse split on June 12, 2024, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Colorchips New Media Ltd. has not announced a new split in our records. Its most recent split was on June 12, 2024, 2 years ago. Companies announce splits in advance, and any new BSE:COLORCHIPS split will appear on this page.
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