Jan 04, 2023
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.02 to $0.40.
The split itself did not change the total investment value.
Elate Holdings Limited (HKEX:76) operates in the Electronic production equipment industry.
Elate Holdings Limited company overviewElate Holdings Limited's most recent stock split was on January 4, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Elate Holdings Limited (HKEX:76) has split its stock 7 times: a 55-for-49 split on June 17, 1999, a 1-for-10 reverse split on October 23, 2000, a 1-for-10 reverse split on November 9, 2001, a 61-for-54 split on February 13, 2006, a 1-for-50 reverse split on June 2, 2010, a 1-for-10 reverse split on October 23, 2014, and a 1-for-20 reverse split on January 4, 2023.
Elate Holdings Limited has split its stock 7 times. This history records 7 splits between June 17, 1999 and January 4, 2023.
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 Elate Holdings Limited's 1-for-20 reverse split on January 4, 2023, 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.
Elate Holdings Limited has not announced a new split in our records. Its most recent split was on January 4, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:76 split will appear on this page.
Already premium?