Aug 15, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.43 to $2.15.
The split itself did not change the total investment value.
Lai Sun Garment (International) Ltd. (OTC:LSIHF) operates in the Real estate development industry.
Lai Sun Garment (International) Ltd. company overviewLai Sun Garment (International) Ltd.'s most recent stock split was on August 15, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Lai Sun Garment (International) Ltd. (OTC:LSIHF) has split its stock 2 times: a 1-for-5 reverse split on June 11, 1993 and a 1-for-5 reverse split on August 15, 2017.
Lai Sun Garment (International) Ltd. has split its stock 2 times. This history records 2 reverse splits between June 11, 1993 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 Sun Garment (International) Ltd.'s 1-for-5 reverse split on August 15, 2017, every 5 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 Sun Garment (International) Ltd. 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:LSIHF split will appear on this page.
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