Aug 17, 2015
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Powermatic Data Systems Ltd. (SGX:BCY) operates in the Telecommunications equipment industry.
Powermatic Data Systems Ltd. company overviewPowermatic Data Systems Ltd.'s most recent stock split was on August 17, 2015. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Powermatic Data Systems Ltd. (SGX:BCY) has split its stock 2 times: a 7-for-5 split on July 27, 1994 and a 1-for-5 reverse split on August 17, 2015.
Powermatic Data Systems Ltd. has split its stock 2 times. This history records 2 splits between July 27, 1994 and August 17, 2015.
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 Powermatic Data Systems Ltd.'s 1-for-5 reverse split on August 17, 2015, 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.
Powermatic Data Systems Ltd. has not announced a new split in our records. Its most recent split was on August 17, 2015, 11 years ago. Companies announce splits in advance, and any new SGX:BCY split will appear on this page.
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