Sep 21, 2020
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.03 to $0.52.
The split itself did not change the total investment value.
CASH Financial Services Group Ltd (HKEX:510) operates in the Investment banks/Brokers industry.
CASH Financial Services Group Ltd company overviewCASH Financial Services Group Ltd's most recent stock split was on September 21, 2020. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
CASH Financial Services Group Ltd (HKEX:510) has split its stock 8 times: a 1-for-20 reverse split on April 26, 2002, a 7-for-4 split on October 24, 2003, a 41-for-34 split on April 15, 2004, a 1-for-5 reverse split on May 19, 2008, a 12-for-11 split on March 13, 2009, a 5-for-1 split on January 7, 2011, a 11-for-10 split on May 12, 2011, and a 1-for-20 reverse split on September 21, 2020.
CASH Financial Services Group Ltd has split its stock 8 times. This history records 8 splits between April 26, 2002 and September 21, 2020.
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 CASH Financial Services Group Ltd's 1-for-20 reverse split on September 21, 2020, 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.
CASH Financial Services Group Ltd has not announced a new split in our records. Its most recent split was on September 21, 2020, 6 years ago. Companies announce splits in advance, and any new HKEX:510 split will appear on this page.
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