Apr 24, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.20 to $1.00.
The split itself did not change the total investment value.
Kantone Holdings Limited (HKEX:1059) operates in the Telecommunications equipment industry.
Kantone Holdings Limited company overviewKantone Holdings Limited's most recent stock split was on April 24, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Kantone Holdings Limited (HKEX:1059) has split its stock 6 times: a 3-for-1 split on April 11, 2001, a 2-for-1 split on November 22, 2001, a 215-for-197 split on April 9, 2009, a 861-for-815 split on March 10, 2011, a 1-for-10 reverse split on January 2, 2015, and a 1-for-5 reverse split on April 24, 2018.
Kantone Holdings Limited has split its stock 6 times. This history records 6 splits between April 11, 2001 and April 24, 2018.
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 Kantone Holdings Limited's 1-for-5 reverse split on April 24, 2018, 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.
Kantone Holdings Limited has not announced a new split in our records. Its most recent split was on April 24, 2018, 8 years ago. Companies announce splits in advance, and any new HKEX:1059 split will appear on this page.
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