Jun 23, 2020
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
New World Development Co. Ltd. (GETTEX:NWDA) operates in the Real estate development industry.
New World Development Co. Ltd. company overviewNew World Development Co. Ltd.'s most recent stock split was on June 23, 2020. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
New World Development Co. Ltd. (GETTEX:NWDA) has split its stock 2 times: a 6-for-5 split on December 6, 1985 and a 1-for-4 reverse split on June 23, 2020.
New World Development Co. Ltd. has split its stock 2 times. This history records 2 splits between December 6, 1985 and June 23, 2020.
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 New World Development Co. Ltd.'s 1-for-4 reverse split on June 23, 2020, every 4 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.
New World Development Co. Ltd. has not announced a new split in our records. Its most recent split was on June 23, 2020, 6 years ago. Companies announce splits in advance, and any new GETTEX:NWDA split will appear on this page.
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