Jan 31, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.02 to $0.21.
The split itself did not change the total investment value.
Major Holdings Ltd. (HKEX:1389) operates in the Wholesale distributors industry.
Major Holdings Ltd. company overviewMajor Holdings Ltd.'s most recent stock split was on January 31, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Major Holdings Ltd. (HKEX:1389) has split its stock 3 times: a 8-for-1 split on January 15, 2015, a 5-for-2 split on June 28, 2016, and a 1-for-10 reverse split on January 31, 2024.
Major Holdings Ltd. has split its stock 3 times. This history records 3 splits between January 15, 2015 and January 31, 2024.
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 Major Holdings Ltd.'s 1-for-10 reverse split on January 31, 2024, 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.
Major Holdings Ltd. has not announced a new split in our records. Its most recent split was on January 31, 2024, 2 years ago. Companies announce splits in advance, and any new HKEX:1389 split will appear on this page.
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