Oct 29, 2007
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Shanghai Industrial Urban Development Group Ltd (HKEX:563) operates in the Real estate development industry.
Shanghai Industrial Urban Development Group Ltd company overviewShanghai Industrial Urban Development Group Ltd's most recent stock split was on October 29, 2007. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Shanghai Industrial Urban Development Group Ltd (HKEX:563) has split its stock 4 times: a 52-for-49 split on March 6, 1997, a 19-for-17 split on December 18, 2001, a 1-for-10 reverse split on January 2, 2002, and a 1-for-4 reverse split on October 29, 2007.
Shanghai Industrial Urban Development Group Ltd has split its stock 4 times. This history records 4 splits between March 6, 1997 and October 29, 2007.
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 Shanghai Industrial Urban Development Group Ltd's 1-for-4 reverse split on October 29, 2007, every 4 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.
Shanghai Industrial Urban Development Group Ltd has not announced a new split in our records. Its most recent split was on October 29, 2007, 18 years ago. Companies announce splits in advance, and any new HKEX:563 split will appear on this page.
Already premium?