Jul 20, 2012
2:1
For every share held, investors received 2. The price per share adjusted from $16.30 to $8.15.
The split itself did not change the total investment value.
Shandong Molong Petroleum Machinery Co., Ltd. Class A (SZSE:002490) operates in the Oilfield services/Equipment industry.
Shandong Molong Petroleum Machinery Co., Ltd. Class A company overviewShandong Molong Petroleum Machinery Co., Ltd. Class A's most recent stock split was on July 20, 2012. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Shandong Molong Petroleum Machinery Co., Ltd. Class A has split its stock once. This history records one forward split, on July 20, 2012.
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 Shandong Molong Petroleum Machinery Co., Ltd. Class A's 2-for-1 split on July 20, 2012, every share became 2 shares.
Shandong Molong Petroleum Machinery Co., Ltd. Class A has not announced a new split in our records. Its most recent split was on July 20, 2012, 14 years ago. Companies announce splits in advance, and any new SZSE:002490 split will appear on this page.
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