Dec 14, 2022
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.66 to $3.97.
The split itself did not change the total investment value.
Puhui Wealth Investment Management Co., Ltd. (OTC:PHCFF) operates in the Investment managers industry.
Puhui Wealth Investment Management Co., Ltd. company overviewPuhui Wealth Investment Management Co., Ltd.'s most recent stock split was on December 14, 2022. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Puhui Wealth Investment Management Co., Ltd. has split its stock once. This history records one reverse split, on December 14, 2022.
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 Puhui Wealth Investment Management Co., Ltd.'s 1-for-6 reverse split on December 14, 2022, every 6 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.
Puhui Wealth Investment Management Co., Ltd. has not announced a new split in our records. Its most recent split was on December 14, 2022, 3 years ago. Companies announce splits in advance, and any new OTC:PHCFF split will appear on this page.
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