Feb 22, 2006
3:5
For every 5 shares held, investors received 3. The price per share adjusted from $8.00 to $13.33.
The split itself did not change the total investment value.
Diguang International Development Company Ltd. (OTC:DGNG) operates in the Electronic components industry.
Diguang International Development Company Ltd. company overviewDiguang International Development Company Ltd.'s most recent stock split was on February 22, 2006. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
Diguang International Development Company Ltd. has split its stock once. This history records one reverse split, on February 22, 2006.
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 Diguang International Development Company Ltd.'s 3-for-5 reverse split on February 22, 2006, every 5 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.
Diguang International Development Company Ltd. has not announced a new split in our records. Its most recent split was on February 22, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:DGNG split will appear on this page.