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    Real estate development
New World Development Co. Ltd.

New World Development Co. Ltd.

5.03
HKD
+0.08
(+1.62%)
15.93BMarket Cap
Feb 19Next Earn

Latest Stock Split

Jul 08, 2020

1:4

For every 4 shares held, investors received 1. The price per share adjusted from $10.02 to $40.10.

The split itself did not change the total investment value.

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Stock Split History

  1. Jul 08, 2020
    Before$10.02
    Split ratio1:4
    After$40.10
    Reverse
  2. Mar 26, 2014
    Before$8.10
    Split ratio324:305
    After$7.63
    Forward
  3. Oct 24, 2011
    Before$7.89
    Split ratio407:369
    After$7.15
    Forward
  4. Mar 11, 2004
    Before$8.00
    Split ratio140:127
    After$7.26
    Forward
  5. Dec 06, 1985
    Before—
    Split ratio6:5
    After—
    Forward

About New World Development Co. Ltd. stock splits

New World Development Co. Ltd. (HKEX:17) operates in the Real estate development industry.

New World Development Co. Ltd. company overview

When did New World Development Co. Ltd. stock split?

New World Development Co. Ltd.'s most recent stock split was on July 8, 2020. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.

What is New World Development Co. Ltd.'s stock split history?

New World Development Co. Ltd. (HKEX:17) has split its stock 5 times: a 6-for-5 split on December 6, 1985, a 140-for-127 split on March 11, 2004, a 407-for-369 split on October 24, 2011, a 324-for-305 split on March 26, 2014, and a 1-for-4 reverse split on July 8, 2020.

How many times has New World Development Co. Ltd. stock split?

New World Development Co. Ltd. has split its stock 5 times. This history records 5 splits between December 6, 1985 and July 8, 2020.

What is a reverse stock split?

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 New World Development Co. Ltd.'s 1-for-4 reverse split on July 8, 2020, every 4 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.

Will New World Development Co. Ltd. split its stock again?

New World Development Co. Ltd. has not announced a new split in our records. Its most recent split was on July 8, 2020, 6 years ago. Companies announce splits in advance, and any new HKEX:17 split will appear on this page.