Sep 20, 1996
21:20
For every 20 shares held, investors received 21.
The split itself did not change the total investment value.
Magnificent Hotel Investments Limited (HKEX:201) operates in the Hotels/Resorts/Cruise lines industry.
Magnificent Hotel Investments Limited company overviewMagnificent Hotel Investments Limited's most recent stock split was on September 20, 1996. It was a 21-for-20 forward split, so shareholders received 21 shares for every 20 they held.
Magnificent Hotel Investments Limited (HKEX:201) has split its stock 6 times: a 11-for-10 split on December 17, 1987, a 11-for-10 split on September 19, 1988, a 114-for-97 split on June 29, 1992, a 11-for-10 split on September 22, 1992, a 21-for-20 split on September 19, 1995, and a 21-for-20 split on September 20, 1996.
Magnificent Hotel Investments Limited has split its stock 6 times. This history records 6 forward splits between December 17, 1987 and September 20, 1996.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Magnificent Hotel Investments Limited's 21-for-20 split on September 20, 1996, every 20 shares became 21 shares.
Magnificent Hotel Investments Limited has not announced a new split in our records. Its most recent split was on September 20, 1996, 30 years ago. Companies announce splits in advance, and any new HKEX:201 split will appear on this page.
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