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New City Development Group Limited

New City Development Group Limited

HHKEX:456
0.57
HKD
+0.03
(+5.61%)
128.54MMarket Cap

Latest Stock Split

Apr 27, 2022

1:50

For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.50.

The split itself did not change the total investment value.

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Stock Split History

  1. Apr 27, 2022
    Before$0.03
    Split ratio1:50
    After$1.50
    Reverse
  2. Aug 05, 2015
    Before$0.34
    Split ratio85:82
    After$0.33
    Forward
  3. Jan 13, 2012
    Before—
    Split ratio1:4
    After—
    Reverse

About New City Development Group Limited stock splits

New City Development Group Limited (HKEX:456) operates in the Real estate development industry.

New City Development Group Limited company overview

When did New City Development Group Limited stock split?

New City Development Group Limited's most recent stock split was on April 27, 2022. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.

What is New City Development Group Limited's stock split history?

New City Development Group Limited (HKEX:456) has split its stock 3 times: a 1-for-4 reverse split on January 13, 2012, a 85-for-82 split on August 5, 2015, and a 1-for-50 reverse split on April 27, 2022.

How many times has New City Development Group Limited stock split?

New City Development Group Limited has split its stock 3 times. This history records 3 splits between January 13, 2012 and April 27, 2022.

What is a reverse stock split?

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 New City Development Group Limited's 1-for-50 reverse split on April 27, 2022, every 50 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.

Will New City Development Group Limited split its stock again?

New City Development Group Limited has not announced a new split in our records. Its most recent split was on April 27, 2022, 4 years ago. Companies announce splits in advance, and any new HKEX:456 split will appear on this page.