Aug 27, 2004
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Allegro Culture Limited (HKEX:550) operates in the Advertising/Marketing services industry.
Allegro Culture Limited company overviewAllegro Culture Limited's most recent stock split was on August 27, 2004. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Allegro Culture Limited (HKEX:550) has split its stock 2 times: a 10-for-7 split on March 30, 2004 and a 1-for-20 reverse split on August 27, 2004.
Allegro Culture Limited has split its stock 2 times. This history records 2 splits between March 30, 2004 and August 27, 2004.
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 Allegro Culture Limited's 1-for-20 reverse split on August 27, 2004, 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.
Allegro Culture Limited has not announced a new split in our records. Its most recent split was on August 27, 2004, 22 years ago. Companies announce splits in advance, and any new HKEX:550 split will appear on this page.
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