Dec 22, 1998
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.05 to $5.00.
The split itself did not change the total investment value.
China Food & Beverage Co. (OTC:CHIF) operates in the Financial conglomerates industry.
China Food & Beverage Co. company overviewChina Food & Beverage Co.'s most recent stock split was on December 22, 1998. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
China Food & Beverage Co. (OTC:CHIF) has split its stock 3 times: a 1-for-100 reverse split on August 10, 1995, a 1-for-30 reverse split on April 23, 1997, and a 1-for-100 reverse split on December 22, 1998.
China Food & Beverage Co. has split its stock 3 times. This history records 3 reverse splits between August 10, 1995 and December 22, 1998.
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 China Food & Beverage Co.'s 1-for-100 reverse split on December 22, 1998, every 100 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.
China Food & Beverage Co. has not announced a new split in our records. Its most recent split was on December 22, 1998, 27 years ago. Companies announce splits in advance, and any new OTC:CHIF split will appear on this page.