Jun 06, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.08 to $0.83.
The split itself did not change the total investment value.
Lippo China Resources Limited (HKEX:156) operates in the Real estate development industry.
Lippo China Resources Limited company overviewLippo China Resources Limited's most recent stock split was on June 6, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Lippo China Resources Limited (HKEX:156) has split its stock 6 times: a 54-for-41 split on October 19, 1987, a 2-for-1 split on October 19, 1992, a 5-for-4 split on November 6, 1995, a 2-for-1 split on October 21, 1997, a 10-for-9 split on June 22, 1999, and a 1-for-10 reverse split on June 6, 2023.
Lippo China Resources Limited has split its stock 6 times. This history records 6 splits between October 19, 1987 and June 6, 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 Lippo China Resources Limited's 1-for-10 reverse split on June 6, 2023, 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.
Lippo China Resources Limited has not announced a new split in our records. Its most recent split was on June 6, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:156 split will appear on this page.
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