Aug 07, 2015
23007:50000
For every 50000 shares held, investors received 23007. The price per share adjusted from $9460.00 to $20558.96.
The split itself did not change the total investment value.
SIMMTECH Holdings Co., Ltd. (KRX:036710) operates in the Electronic components industry.
SIMMTECH Holdings Co., Ltd. company overviewSIMMTECH Holdings Co., Ltd.'s most recent stock split was on August 7, 2015. It was a 23007-for-50000 reverse split, so shareholders received 23007 shares for every 50000 they held.
SIMMTECH Holdings Co., Ltd. has split its stock once. This history records one reverse split, on August 7, 2015.
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 SIMMTECH Holdings Co., Ltd.'s 23007-for-50000 reverse split on August 7, 2015, every 50000 shares became 23007 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
SIMMTECH Holdings Co., Ltd. has not announced a new split in our records. Its most recent split was on August 7, 2015, 11 years ago. Companies announce splits in advance, and any new KRX:036710 split will appear on this page.
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