Jul 16, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.13 to $1.26.
The split itself did not change the total investment value.
Cocoon Holdings Limited (HKEX:428) operates in the Financial conglomerates industry.
Cocoon Holdings Limited company overviewCocoon Holdings Limited's most recent stock split was on July 16, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Cocoon Holdings Limited (HKEX:428) has split its stock 6 times: a 35-for-34 split on December 11, 2002, a 1-for-20 reverse split on January 24, 2003, a 1-for-5 reverse split on January 5, 2007, a 46-for-43 split on June 14, 2016, a 45-for-43 split on September 16, 2019, and a 1-for-10 reverse split on July 16, 2024.
Cocoon Holdings Limited has split its stock 6 times. This history records 6 splits between December 11, 2002 and July 16, 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 Cocoon Holdings Limited's 1-for-10 reverse split on July 16, 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.
Cocoon Holdings Limited has not announced a new split in our records. Its most recent split was on July 16, 2024, 2 years ago. Companies announce splits in advance, and any new HKEX:428 split will appear on this page.
Already premium?