May 24, 2017
8:5
For every 5 shares held, investors received 8. The price per share adjusted from $10.89 to $6.81.
The split itself did not change the total investment value.
Jiangsu Rainbow Heavy Industries Co., Ltd. Class A (SZSE:002483) operates in the Industrial machinery industry.
Jiangsu Rainbow Heavy Industries Co., Ltd. Class A company overviewJiangsu Rainbow Heavy Industries Co., Ltd. Class A's most recent stock split was on May 24, 2017. It was a 8-for-5 forward split, so shareholders received 8 shares for every 5 they held.
Jiangsu Rainbow Heavy Industries Co., Ltd. Class A (SZSE:002483) has split its stock 2 times: a 9-for-5 split on April 29, 2011 and a 8-for-5 split on May 24, 2017.
Jiangsu Rainbow Heavy Industries Co., Ltd. Class A has split its stock 2 times. This history records 2 forward splits between April 29, 2011 and May 24, 2017.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Jiangsu Rainbow Heavy Industries Co., Ltd. Class A's 8-for-5 split on May 24, 2017, every 5 shares became 8 shares.
Jiangsu Rainbow Heavy Industries Co., Ltd. Class A has not announced a new split in our records. Its most recent split was on May 24, 2017, 9 years ago. Companies announce splits in advance, and any new SZSE:002483 split will appear on this page.
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