Sep 21, 2016
5:1
For every share held, investors received 5. The price per share adjusted from $4.54 to $0.91.
The split itself did not change the total investment value.
Modern Innovative Digital Technology Company Limited (HKEX:2322) operates in the Marine shipping industry.
Modern Innovative Digital Technology Company Limited company overviewModern Innovative Digital Technology Company Limited's most recent stock split was on September 21, 2016. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Modern Innovative Digital Technology Company Limited (HKEX:2322) has split its stock 5 times: a 10-for-1 split on December 11, 2007, a 1-for-5 reverse split on October 3, 2012, a 388-for-187 split on March 7, 2014, a 1-for-10 reverse split on January 21, 2015, and a 5-for-1 split on September 21, 2016.
Modern Innovative Digital Technology Company Limited has split its stock 5 times. This history records 5 splits between December 11, 2007 and September 21, 2016.
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 Modern Innovative Digital Technology Company Limited's 5-for-1 split on September 21, 2016, every share became 5 shares.
Modern Innovative Digital Technology Company Limited has not announced a new split in our records. Its most recent split was on September 21, 2016, 10 years ago. Companies announce splits in advance, and any new HKEX:2322 split will appear on this page.
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