Mar 25, 2008
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.25 to $12.50.
The split itself did not change the total investment value.
China Resources Gas Group Limited (HKEX:1193) operates in the Gas distributors industry.
China Resources Gas Group Limited company overviewChina Resources Gas Group Limited's most recent stock split was on March 25, 2008. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
China Resources Gas Group Limited (HKEX:1193) has split its stock 2 times: a 1-for-10 reverse split on March 7, 2008 and a 1-for-10 reverse split on March 25, 2008.
China Resources Gas Group Limited has split its stock 2 times. This history records 2 reverse splits between March 7, 2008 and March 25, 2008.
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 China Resources Gas Group Limited's 1-for-10 reverse split on March 25, 2008, every 10 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.
China Resources Gas Group Limited has not announced a new split in our records. Its most recent split was on March 25, 2008, 18 years ago. Companies announce splits in advance, and any new HKEX:1193 split will appear on this page.
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