Sep 07, 2023
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.02 to $0.48.
The split itself did not change the total investment value.
THAC Group (Holdings) Limited (HKEX:8232) operates in the Restaurants industry.
THAC Group (Holdings) Limited company overviewTHAC Group (Holdings) Limited's most recent stock split was on September 7, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
THAC Group (Holdings) Limited (HKEX:8232) has split its stock 2 times: a 1-for-20 reverse split on August 11, 2023 and a 1-for-20 reverse split on September 7, 2023.
THAC Group (Holdings) Limited has split its stock 2 times. This history records 2 reverse splits between August 11, 2023 and September 7, 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 THAC Group (Holdings) Limited's 1-for-20 reverse split on September 7, 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.
THAC Group (Holdings) Limited has not announced a new split in our records. Its most recent split was on September 7, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:8232 split will appear on this page.
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