Sep 23, 2020
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.05 to $1.06.
The split itself did not change the total investment value.
Celestial Asia Securities Holdings Ltd (HKEX:1049) operates in the Electronics/Appliance stores industry.
Celestial Asia Securities Holdings Ltd company overviewCelestial Asia Securities Holdings Ltd's most recent stock split was on September 23, 2020. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Celestial Asia Securities Holdings Ltd (HKEX:1049) has split its stock 10 times: a 1-for-20 reverse split on April 26, 2002, a 27-for-25 split on October 24, 2006, a 1-for-5 reverse split on June 10, 2008, a 6-for-5 split on September 20, 2010, a 10-for-1 split on October 28, 2010, a 1-for-10 reverse split on October 22, 2012, a 9-for-8 split on May 14, 2013, a 48-for-37 split on August 12, 2015, a 93-for-91 split on June 4, 2020, and a 1-for-20 reverse split on September 23, 2020.
Celestial Asia Securities Holdings Ltd has split its stock 10 times. This history records 10 splits between April 26, 2002 and September 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 Celestial Asia Securities Holdings Ltd's 1-for-20 reverse split on September 23, 2020, every 20 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.
Celestial Asia Securities Holdings Ltd has not announced a new split in our records. Its most recent split was on September 23, 2020, 6 years ago. Companies announce splits in advance, and any new HKEX:1049 split will appear on this page.
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