Aug 02, 2010
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
China Changjiang Mining & New Energy Co., LTD. (OTC:CHJI) operates in the Electric utilities industry.
China Changjiang Mining & New Energy Co., LTD. company overviewChina Changjiang Mining & New Energy Co., LTD.'s most recent stock split was on August 2, 2010. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
China Changjiang Mining & New Energy Co., LTD. (OTC:CHJI) has split its stock 2 times: a 1-for-3 reverse split on October 17, 1994 and a 1-for-10 reverse split on August 2, 2010.
China Changjiang Mining & New Energy Co., LTD. has split its stock 2 times. This history records 2 reverse splits between October 17, 1994 and August 2, 2010.
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 China Changjiang Mining & New Energy Co., LTD.'s 1-for-10 reverse split on August 2, 2010, every 10 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.
China Changjiang Mining & New Energy Co., LTD. has not announced a new split in our records. Its most recent split was on August 2, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:CHJI split will appear on this page.
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