Apr 02, 2018
23:24
For every 24 shares held, investors received 23. The price per share adjusted from $11021.00 to $11500.17.
The split itself did not change the total investment value.
Hai Phong Electrical Mechanical JSC (HNX:DHP) operates in the Electronics/Appliances industry.
Hai Phong Electrical Mechanical JSC company overviewHai Phong Electrical Mechanical JSC's most recent stock split was on April 2, 2018. It was a 23-for-24 reverse split, so shareholders received 23 shares for every 24 they held.
Hai Phong Electrical Mechanical JSC has split its stock once. This history records one reverse split, on April 2, 2018.
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 Hai Phong Electrical Mechanical JSC's 23-for-24 reverse split on April 2, 2018, every 24 shares became 23 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Hai Phong Electrical Mechanical JSC has not announced a new split in our records. Its most recent split was on April 2, 2018, 8 years ago. Companies announce splits in advance, and any new HNX:DHP split will appear on this page.
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