Jul 09, 2007
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.54 to $2.70.
The split itself did not change the total investment value.
Boustead Heavy Industries Corporation Bhd. (MYX:BHIC) operates in the Trucks/Construction/Farm machinery industry.
Boustead Heavy Industries Corporation Bhd. company overviewBoustead Heavy Industries Corporation Bhd.'s most recent stock split was on July 9, 2007. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Boustead Heavy Industries Corporation Bhd. (MYX:BHIC) has split its stock 3 times: a 2-for-1 split on May 25, 1998, a 2-for-1 split on June 3, 2003, and a 1-for-5 reverse split on July 9, 2007.
Boustead Heavy Industries Corporation Bhd. has split its stock 3 times. This history records 3 splits between May 25, 1998 and July 9, 2007.
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 Boustead Heavy Industries Corporation Bhd.'s 1-for-5 reverse split on July 9, 2007, every 5 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.
Boustead Heavy Industries Corporation Bhd. has not announced a new split in our records. Its most recent split was on July 9, 2007, 19 years ago. Companies announce splits in advance, and any new MYX:BHIC split will appear on this page.
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