Aug 16, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.20 to $2.00.
The split itself did not change the total investment value.
Hongchang International Co Ltd. (OTC:HCIL) operates in the Packaged software industry.
Hongchang International Co Ltd. company overviewHongchang International Co Ltd.'s most recent stock split was on August 16, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Hongchang International Co Ltd. (OTC:HCIL) has split its stock 4 times: a 4-for-1 split on January 21, 1999, a 1-for-464 reverse split on April 12, 2018, a 100-for-1 split on September 25, 2018, and a 1-for-10 reverse split on August 16, 2023.
Hongchang International Co Ltd. has split its stock 4 times. This history records 4 splits between January 21, 1999 and August 16, 2023.
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 Hongchang International Co Ltd.'s 1-for-10 reverse split on August 16, 2023, every 10 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.
Hongchang International Co Ltd. has not announced a new split in our records. Its most recent split was on August 16, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:HCIL split will appear on this page.
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