Dec 07, 2006
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Concord New Energy Group Limited (HKEX:182) operates in the Electric utilities industry.
Concord New Energy Group Limited company overviewConcord New Energy Group Limited's most recent stock split was on December 7, 2006. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Concord New Energy Group Limited (HKEX:182) has split its stock 5 times: a 11-for-10 split on August 17, 1995, a 11-for-10 split on January 11, 1996, a 78-for-77 split on March 21, 1996, a 1-for-5 reverse split on April 26, 2000, and a 1-for-10 reverse split on December 7, 2006.
Concord New Energy Group Limited has split its stock 5 times. This history records 5 splits between August 17, 1995 and December 7, 2006.
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 Concord New Energy Group Limited's 1-for-10 reverse split on December 7, 2006, 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.
Concord New Energy Group Limited has not announced a new split in our records. Its most recent split was on December 7, 2006, 19 years ago. Companies announce splits in advance, and any new HKEX:182 split will appear on this page.
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