Jun 05, 2006
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.61 to $1.22.
The split itself did not change the total investment value.
Sing Tao News Corporation Limited (HKEX:1105) operates in the Publishing: newspapers industry.
Sing Tao News Corporation Limited company overviewSing Tao News Corporation Limited's most recent stock split was on June 5, 2006. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Sing Tao News Corporation Limited (HKEX:1105) has split its stock 2 times: a 1-for-2 reverse split on May 18, 2006 and a 1-for-2 reverse split on June 5, 2006.
Sing Tao News Corporation Limited has split its stock 2 times. This history records 2 reverse splits between May 18, 2006 and June 5, 2006.
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 Sing Tao News Corporation Limited's 1-for-2 reverse split on June 5, 2006, every 2 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.
Sing Tao News Corporation Limited has not announced a new split in our records. Its most recent split was on June 5, 2006, 20 years ago. Companies announce splits in advance, and any new HKEX:1105 split will appear on this page.
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