Aug 28, 2007
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.55 to $1.65.
The split itself did not change the total investment value.
Zhejiang Dashang Media Co. Ltd. (OTC:TKVR) operates in the Miscellaneous commercial services industry.
Zhejiang Dashang Media Co. Ltd. company overviewZhejiang Dashang Media Co. Ltd.'s most recent stock split was on August 28, 2007. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Zhejiang Dashang Media Co. Ltd. has split its stock once. This history records one reverse split, on August 28, 2007.
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 Zhejiang Dashang Media Co. Ltd.'s 1-for-3 reverse split on August 28, 2007, every 3 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.
Zhejiang Dashang Media Co. Ltd. has not announced a new split in our records. Its most recent split was on August 28, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:TKVR split will appear on this page.
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