Apr 26, 2023
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.01 to $0.22.
The split itself did not change the total investment value.
Green Economy Development Limited (HKEX:1315) operates in the Engineering & construction industry.
Green Economy Development Limited company overviewGreen Economy Development Limited's most recent stock split was on April 26, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Green Economy Development Limited (HKEX:1315) has split its stock 4 times: a 8-for-1 split on November 12, 2014, a 5-for-1 split on May 17, 2016, a 145-for-136 split on June 23, 2021, and a 1-for-20 reverse split on April 26, 2023.
Green Economy Development Limited has split its stock 4 times. This history records 4 splits between November 12, 2014 and April 26, 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 Green Economy Development Limited's 1-for-20 reverse split on April 26, 2023, every 20 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.
Green Economy Development Limited has not announced a new split in our records. Its most recent split was on April 26, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:1315 split will appear on this page.
Already premium?