Jun 20, 2011
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Preferred Bank (FRA:1IU) operates in the Regional banks industry.
Preferred Bank company overviewPreferred Bank's most recent stock split was on June 20, 2011. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Preferred Bank (FRA:1IU) has split its stock 2 times: a 3-for-2 split on February 21, 2007 and a 1-for-5 reverse split on June 20, 2011.
Preferred Bank has split its stock 2 times. This history records 2 splits between February 21, 2007 and June 20, 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 Preferred Bank's 1-for-5 reverse split on June 20, 2011, 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.
Preferred Bank has not announced a new split in our records. Its most recent split was on June 20, 2011, 15 years ago. Companies announce splits in advance, and any new FRA:1IU split will appear on this page.