Jul 10, 2023
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.06 to $3.10.
The split itself did not change the total investment value.
Shandong Hi-Speed New Energy Group Limited (HKEX:1250) operates in the Alternative power generation industry.
Shandong Hi-Speed New Energy Group Limited company overviewShandong Hi-Speed New Energy Group Limited's most recent stock split was on July 10, 2023. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Shandong Hi-Speed New Energy Group Limited (HKEX:1250) has split its stock 4 times: a 10-for-1 split on March 5, 2015, a 10-for-1 split on March 19, 2015, a 768-for-757 split on August 8, 2017, and a 1-for-50 reverse split on July 10, 2023.
Shandong Hi-Speed New Energy Group Limited has split its stock 4 times. This history records 4 splits between March 5, 2015 and July 10, 2023.
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 Shandong Hi-Speed New Energy Group Limited's 1-for-50 reverse split on July 10, 2023, every 50 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.
Shandong Hi-Speed New Energy Group Limited has not announced a new split in our records. Its most recent split was on July 10, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:1250 split will appear on this page.
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