Nov 09, 2018
1:50
For every 50 shares held, investors received 1.
The split itself did not change the total investment value.
Metech International Limited (SGX:V3M) operates in the Wholesale distributors industry.
Metech International Limited company overviewMetech International Limited's most recent stock split was on November 9, 2018. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Metech International Limited (SGX:V3M) has split its stock 4 times: a 13-for-11 split on October 16, 2009, a 1-for-10 reverse split on May 22, 2012, a 78-for-49 split on May 31, 2012, and a 1-for-50 reverse split on November 9, 2018.
Metech International Limited has split its stock 4 times. This history records 4 splits between October 16, 2009 and November 9, 2018.
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 Metech International Limited's 1-for-50 reverse split on November 9, 2018, every 50 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.
Metech International Limited has not announced a new split in our records. Its most recent split was on November 9, 2018, 7 years ago. Companies announce splits in advance, and any new SGX:V3M split will appear on this page.
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