Mar 05, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.22 to $2.19.
The split itself did not change the total investment value.
Phoenix Media Investment (Holdings) Limited (HKEX:2008) operates in the Specialty telecommunications industry.
Phoenix Media Investment (Holdings) Limited company overviewPhoenix Media Investment (Holdings) Limited's most recent stock split was on March 5, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Phoenix Media Investment (Holdings) Limited (HKEX:2008) has split its stock 3 times: a 1-for-10 reverse split on February 8, 2024, a 1-for-10 reverse split on February 20, 2024, and a 1-for-10 reverse split on March 5, 2024.
Phoenix Media Investment (Holdings) Limited has split its stock 3 times. This history records 3 reverse splits between February 8, 2024 and March 5, 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 Phoenix Media Investment (Holdings) Limited's 1-for-10 reverse split on March 5, 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.
Phoenix Media Investment (Holdings) Limited has not announced a new split in our records. Its most recent split was on March 5, 2024, 2 years ago. Companies announce splits in advance, and any new HKEX:2008 split will appear on this page.
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