Nov 13, 2007
3:10
For every 10 shares held, investors received 3. The price per share adjusted from $1.81 to $6.03.
The split itself did not change the total investment value.
Malayan Cement Bhd (MYX:MCEMENT) operates in the Construction materials industry.
Malayan Cement Bhd company overviewMalayan Cement Bhd's most recent stock split was on November 13, 2007. It was a 3-for-10 reverse split, so shareholders received 3 shares for every 10 they held.
Malayan Cement Bhd (MYX:MCEMENT) has split its stock 4 times: a 3-for-2 split on November 3, 1993, a 5-for-4 split on March 11, 1997, a 52-for-21 split on July 27, 1999, and a 3-for-10 reverse split on November 13, 2007.
Malayan Cement Bhd has split its stock 4 times. This history records 4 splits between November 3, 1993 and November 13, 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 Malayan Cement Bhd's 3-for-10 reverse split on November 13, 2007, every 10 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.
Malayan Cement Bhd has not announced a new split in our records. Its most recent split was on November 13, 2007, 18 years ago. Companies announce splits in advance, and any new MYX:MCEMENT split will appear on this page.
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