Mar 31, 2003
3:4
For every 4 shares held, investors received 3. The price per share adjusted from $0.42 to $0.56.
The split itself did not change the total investment value.
Lion Industries Corp. Bhd. (MYX:LIONIND) operates in the Steel industry.
Lion Industries Corp. Bhd. company overviewLion Industries Corp. Bhd.'s most recent stock split was on March 31, 2003. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
Lion Industries Corp. Bhd. has split its stock once. This history records one reverse split, on March 31, 2003.
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 Lion Industries Corp. Bhd.'s 3-for-4 reverse split on March 31, 2003, every 4 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lion Industries Corp. Bhd. has not announced a new split in our records. Its most recent split was on March 31, 2003, 23 years ago. Companies announce splits in advance, and any new MYX:LIONIND split will appear on this page.
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