Jun 24, 1999
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Luks Group (Vietnam Holdings) Co Ltd (HKEX:366) operates in the Construction materials industry.
Luks Group (Vietnam Holdings) Co Ltd company overviewLuks Group (Vietnam Holdings) Co Ltd's most recent stock split was on June 24, 1999. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Luks Group (Vietnam Holdings) Co Ltd (HKEX:366) has split its stock 6 times: a 5-for-4 split on May 12, 1988, a 5-for-4 split on June 5, 1989, a 6-for-5 split on June 19, 1991, a 6-for-5 split on June 18, 1992, a 81-for-74 split on April 3, 1998, and a 1-for-5 reverse split on June 24, 1999.
Luks Group (Vietnam Holdings) Co Ltd has split its stock 6 times. This history records 6 splits between May 12, 1988 and June 24, 1999.
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 Luks Group (Vietnam Holdings) Co Ltd's 1-for-5 reverse split on June 24, 1999, every 5 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.
Luks Group (Vietnam Holdings) Co Ltd has not announced a new split in our records. Its most recent split was on June 24, 1999, 27 years ago. Companies announce splits in advance, and any new HKEX:366 split will appear on this page.
Already premium?