Globaltec Formation Bhd.
MMYX:GLOTECLatest Stock Split
Dec 12, 2018
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.03 to $0.50.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Dec 12, 2018Before$0.03Split ratio1:20After$0.50Reverse
About Globaltec Formation Bhd. stock splits
Globaltec Formation Bhd. (MYX:GLOTEC) operates in the Metal fabrication industry.
Globaltec Formation Bhd. company overviewWhen did Globaltec Formation Bhd. stock split?
Globaltec Formation Bhd.'s most recent stock split was on December 12, 2018. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
How many times has Globaltec Formation Bhd. stock split?
Globaltec Formation Bhd. has split its stock once. This history records one reverse split, on December 12, 2018.
What is a reverse stock split?
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 Globaltec Formation Bhd.'s 1-for-20 reverse split on December 12, 2018, every 20 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.
Will Globaltec Formation Bhd. split its stock again?
Globaltec Formation Bhd. has not announced a new split in our records. Its most recent split was on December 12, 2018, 7 years ago. Companies announce splits in advance, and any new MYX:GLOTEC split will appear on this page.