Mar 24, 2021
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.07 to $0.14.
The split itself did not change the total investment value.
Allied Sustainability and Environmental Consultants Group Limited (HKEX:8320) operates in the Engineering & construction industry.
Allied Sustainability and Environmental Consultants Group Limited company overviewAllied Sustainability and Environmental Consultants Group Limited's most recent stock split was on March 24, 2021. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Allied Sustainability and Environmental Consultants Group Limited (HKEX:8320) has split its stock 2 times: a 1-for-2 reverse split on March 10, 2021 and a 1-for-2 reverse split on March 24, 2021.
Allied Sustainability and Environmental Consultants Group Limited has split its stock 2 times. This history records 2 reverse splits between March 10, 2021 and March 24, 2021.
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 Allied Sustainability and Environmental Consultants Group Limited's 1-for-2 reverse split on March 24, 2021, every 2 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.
Allied Sustainability and Environmental Consultants Group Limited has not announced a new split in our records. Its most recent split was on March 24, 2021, 5 years ago. Companies announce splits in advance, and any new HKEX:8320 split will appear on this page.
Already premium?