Jun 14, 2011
2:3
For every 3 shares held, investors received 2. The price per share adjusted from $3.86 to $5.79.
The split itself did not change the total investment value.
Hong Leong Industries Bhd. (MYX:HLIND) operates in the Motor vehicles industry.
Hong Leong Industries Bhd. company overviewHong Leong Industries Bhd.'s most recent stock split was on June 14, 2011. It was a 2-for-3 reverse split, so shareholders received 2 shares for every 3 they held.
Hong Leong Industries Bhd. (MYX:HLIND) has split its stock 2 times: a 989-for-745 split on March 8, 2011 and a 2-for-3 reverse split on June 14, 2011.
Hong Leong Industries Bhd. has split its stock 2 times. This history records 2 splits between March 8, 2011 and June 14, 2011.
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 Hong Leong Industries Bhd.'s 2-for-3 reverse split on June 14, 2011, every 3 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Hong Leong Industries Bhd. has not announced a new split in our records. Its most recent split was on June 14, 2011, 15 years ago. Companies announce splits in advance, and any new MYX:HLIND split will appear on this page.
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