Sep 19, 2023
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
North Mining Shares Co., Ltd. (HKEX:433) operates in the Steel industry.
North Mining Shares Co., Ltd. company overviewNorth Mining Shares Co., Ltd.'s most recent stock split was on September 19, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
North Mining Shares Co., Ltd. (HKEX:433) has split its stock 4 times: a 5-for-1 split on March 2, 2000, a 6-for-5 split on November 13, 2007, a 5-for-8 reverse split on May 7, 2008, and a 1-for-20 reverse split on September 19, 2023.
North Mining Shares Co., Ltd. has split its stock 4 times. This history records 4 splits between March 2, 2000 and September 19, 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 North Mining Shares Co., Ltd.'s 1-for-20 reverse split on September 19, 2023, every 20 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.
North Mining Shares Co., Ltd. has not announced a new split in our records. Its most recent split was on September 19, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:433 split will appear on this page.
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