Mar 05, 2007
7:10
For every 10 shares held, investors received 7. The price per share adjusted from $3.68 to $5.26.
The split itself did not change the total investment value.
Puncak Niaga Holdings Bhd. (MYX:PUNCAK) operates in the Water utilities industry.
Puncak Niaga Holdings Bhd. company overviewPuncak Niaga Holdings Bhd.'s most recent stock split was on March 5, 2007. It was a 7-for-10 reverse split, so shareholders received 7 shares for every 10 they held.
Puncak Niaga Holdings Bhd. has split its stock once. This history records one reverse split, on March 5, 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 Puncak Niaga Holdings Bhd.'s 7-for-10 reverse split on March 5, 2007, every 10 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Puncak Niaga Holdings Bhd. has not announced a new split in our records. Its most recent split was on March 5, 2007, 19 years ago. Companies announce splits in advance, and any new MYX:PUNCAK split will appear on this page.
Already premium?