Sep 26, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.10 to $0.97.
The split itself did not change the total investment value.
China Tontine Wines Group Limited (HKEX:389) operates in the Beverages: alcoholic industry.
China Tontine Wines Group Limited company overviewChina Tontine Wines Group Limited's most recent stock split was on September 26, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
China Tontine Wines Group Limited (HKEX:389) has split its stock 2 times: a 1-for-10 reverse split on September 12, 2023 and a 1-for-10 reverse split on September 26, 2023.
China Tontine Wines Group Limited has split its stock 2 times. This history records 2 reverse splits between September 12, 2023 and September 26, 2023.
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 China Tontine Wines Group Limited's 1-for-10 reverse split on September 26, 2023, 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.
China Tontine Wines Group Limited has not announced a new split in our records. Its most recent split was on September 26, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:389 split will appear on this page.
Already premium?