Dec 19, 2011
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
Hanmi Financial Corporation (DUS:HF7N) operates in the Regional banks industry.
Hanmi Financial Corporation company overviewHanmi Financial Corporation's most recent stock split was on December 19, 2011. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Hanmi Financial Corporation (DUS:HF7N) has split its stock 10 times: a 27-for-25 split on March 28, 1996, a 111-for-100 split on March 12, 1997, a 109-for-100 split on March 18, 1998, a 111-for-100 split on April 22, 1999, a 111-for-100 split on February 28, 2000, a 28-for-25 split on March 12, 2001, a 3-for-2 split on September 24, 2001, a 109-for-100 split on March 5, 2002, a 2-for-1 split on February 16, 2005, and a 1-for-8 reverse split on December 19, 2011.
Hanmi Financial Corporation has split its stock 10 times. This history records 10 splits between March 28, 1996 and December 19, 2011.
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 Hanmi Financial Corporation's 1-for-8 reverse split on December 19, 2011, every 8 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.
Hanmi Financial Corporation has not announced a new split in our records. Its most recent split was on December 19, 2011, 14 years ago. Companies announce splits in advance, and any new DUS:HF7N split will appear on this page.