Dec 06, 2021
67:100
For every 100 shares held, investors received 67. The price per share adjusted from $15.70 to $23.43.
The split itself did not change the total investment value.
Tung Ho Steel Enterprise Corp. (LUXSE:TNGHS) operates in the Steel industry.
Tung Ho Steel Enterprise Corp. company overviewTung Ho Steel Enterprise Corp.'s most recent stock split was on December 6, 2021. It was a 67-for-100 reverse split, so shareholders received 67 shares for every 100 they held.
Tung Ho Steel Enterprise Corp. (LUXSE:TNGHS) has split its stock 10 times: a 11-for-10 split on July 3, 1996, a 21-for-20 split on June 18, 1997, a 21-for-20 split on June 23, 1998, a 21-for-20 split on June 18, 1999, a 21-for-20 split on August 15, 2002, a 21-for-20 split on August 5, 2003, a 103-for-100 split on August 30, 2004, a 11-for-10 split on June 20, 2005, a 103-for-100 split on August 10, 2009, and a 67-for-100 reverse split on December 6, 2021.
Tung Ho Steel Enterprise Corp. has split its stock 10 times. This history records 10 splits between July 3, 1996 and December 6, 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 Tung Ho Steel Enterprise Corp.'s 67-for-100 reverse split on December 6, 2021, every 100 shares became 67 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tung Ho Steel Enterprise Corp. has not announced a new split in our records. Its most recent split was on December 6, 2021, 4 years ago. Companies announce splits in advance, and any new LUXSE:TNGHS split will appear on this page.
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