Aug 15, 2017
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.02 to $1.00.
The split itself did not change the total investment value.
Lai Fung Holdings Limited (OTC:LFHLF) operates in the Real estate development industry.
Lai Fung Holdings Limited company overviewLai Fung Holdings Limited's most recent stock split was on August 15, 2017. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Lai Fung Holdings Limited (OTC:LFHLF) has split its stock 2 times: a 27-for-26 split on May 15, 2012 and a 1-for-50 reverse split on August 15, 2017.
Lai Fung Holdings Limited has split its stock 2 times. This history records 2 splits between May 15, 2012 and August 15, 2017.
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 Lai Fung Holdings Limited's 1-for-50 reverse split on August 15, 2017, every 50 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.
Lai Fung Holdings Limited has not announced a new split in our records. Its most recent split was on August 15, 2017, 9 years ago. Companies announce splits in advance, and any new OTC:LFHLF split will appear on this page.
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