Aug 14, 2019
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.02 to $0.10.
The split itself did not change the total investment value.
Jubilee Industries Holdings Ltd. (SGX:NHD) operates in the Electronics distributors industry.
Jubilee Industries Holdings Ltd. company overviewJubilee Industries Holdings Ltd.'s most recent stock split was on August 14, 2019. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Jubilee Industries Holdings Ltd. has split its stock once. This history records one reverse split, on August 14, 2019.
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 Jubilee Industries Holdings Ltd.'s 1-for-4 reverse split on August 14, 2019, every 4 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.
Jubilee Industries Holdings Ltd. has not announced a new split in our records. Its most recent split was on August 14, 2019, 7 years ago. Companies announce splits in advance, and any new SGX:NHD split will appear on this page.
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