Mar 16, 2009
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.02 to $0.55.
The split itself did not change the total investment value.
ITC Neocloud Group Limited (HKEX:199) operates in the Real estate development industry.
ITC Neocloud Group Limited company overviewITC Neocloud Group Limited's most recent stock split was on March 16, 2009. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
ITC Neocloud Group Limited (HKEX:199) has split its stock 4 times: a 6-for-5 split on September 1, 1998, a 1-for-20 reverse split on April 15, 2003, a 46-for-29 split on July 3, 2008, and a 1-for-25 reverse split on March 16, 2009.
ITC Neocloud Group Limited has split its stock 4 times. This history records 4 splits between September 1, 1998 and March 16, 2009.
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 ITC Neocloud Group Limited's 1-for-25 reverse split on March 16, 2009, every 25 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.
ITC Neocloud Group Limited has not announced a new split in our records. Its most recent split was on March 16, 2009, 17 years ago. Companies announce splits in advance, and any new HKEX:199 split will appear on this page.
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