Nov 09, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.62 to $3.10.
The split itself did not change the total investment value.
Yulong Eco-Materials Limited (OTC:YECO) operates in the Construction materials industry.
Yulong Eco-Materials Limited company overviewYulong Eco-Materials Limited's most recent stock split was on November 9, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Yulong Eco-Materials Limited has split its stock once. This history records one reverse split, on November 9, 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 Yulong Eco-Materials Limited's 1-for-5 reverse split on November 9, 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.
Yulong Eco-Materials Limited has not announced a new split in our records. Its most recent split was on November 9, 2017, 8 years ago. Companies announce splits in advance, and any new OTC:YECO split will appear on this page.