Jan 28, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.03 to $0.29.
The split itself did not change the total investment value.
Lerado Financial Group Co. Ltd. (HKEX:1225) operates in the Finance/Rental/Leasing industry.
Lerado Financial Group Co. Ltd. company overviewLerado Financial Group Co. Ltd.'s most recent stock split was on January 28, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Lerado Financial Group Co. Ltd. (HKEX:1225) has split its stock 4 times: a 91-for-79 split on November 16, 2015, a 1-for-5 reverse split on August 15, 2016, a 39-for-29 split on August 16, 2016, and a 1-for-10 reverse split on January 28, 2022.
Lerado Financial Group Co. Ltd. has split its stock 4 times. This history records 4 splits between November 16, 2015 and January 28, 2022.
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 Lerado Financial Group Co. Ltd.'s 1-for-10 reverse split on January 28, 2022, 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.
Lerado Financial Group Co. Ltd. has not announced a new split in our records. Its most recent split was on January 28, 2022, 4 years ago. Companies announce splits in advance, and any new HKEX:1225 split will appear on this page.
Already premium?