Apr 19, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.06 to $0.56.
The split itself did not change the total investment value.
Neway Group Holdings Limited (HKEX:55) operates in the Commercial printing/Forms industry.
Neway Group Holdings Limited company overviewNeway Group Holdings Limited's most recent stock split was on April 19, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Neway Group Holdings Limited (HKEX:55) has split its stock 4 times: a 20-for-1 split on October 24, 2007, a 20-for-1 split on November 7, 2007, a 1-for-10 reverse split on April 19, 2013, and a 1-for-10 reverse split on April 19, 2016.
Neway Group Holdings Limited has split its stock 4 times. This history records 4 splits between October 24, 2007 and April 19, 2016.
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 Neway Group Holdings Limited's 1-for-10 reverse split on April 19, 2016, 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.
Neway Group Holdings Limited has not announced a new split in our records. Its most recent split was on April 19, 2016, 10 years ago. Companies announce splits in advance, and any new HKEX:55 split will appear on this page.
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