Feb 17, 2023
81:97
For every 97 shares held, investors received 81. The price per share adjusted from $5950.00 to $7125.31.
The split itself did not change the total investment value.
Keyang Electric Machinery Co., Ltd (KRX:012205) operates in the Industrial machinery industry.
Keyang Electric Machinery Co., Ltd company overviewKeyang Electric Machinery Co., Ltd's most recent stock split was on February 17, 2023. It was a 81-for-97 reverse split, so shareholders received 81 shares for every 97 they held.
Keyang Electric Machinery Co., Ltd (KRX:012205) has split its stock 2 times: a 10-for-1 split on October 18, 1999 and a 81-for-97 reverse split on February 17, 2023.
Keyang Electric Machinery Co., Ltd has split its stock 2 times. This history records 2 splits between October 18, 1999 and February 17, 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 Keyang Electric Machinery Co., Ltd's 81-for-97 reverse split on February 17, 2023, every 97 shares became 81 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Keyang Electric Machinery Co., Ltd has not announced a new split in our records. Its most recent split was on February 17, 2023, 3 years ago. Companies announce splits in advance, and any new KRX:012205 split will appear on this page.
Already premium?