Oct 14, 2012
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $41.80 to $418.00.
The split itself did not change the total investment value.
Medipower (Overseas) Public Co. Limited (TASE:MDPR) operates in the Real estate development industry.
Medipower (Overseas) Public Co. Limited company overviewMedipower (Overseas) Public Co. Limited's most recent stock split was on October 14, 2012. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Medipower (Overseas) Public Co. Limited (TASE:MDPR) has split its stock 2 times: a 3-for-2 split on December 7, 2010 and a 1-for-10 reverse split on October 14, 2012.
Medipower (Overseas) Public Co. Limited has split its stock 2 times. This history records 2 splits between December 7, 2010 and October 14, 2012.
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 Medipower (Overseas) Public Co. Limited's 1-for-10 reverse split on October 14, 2012, every 10 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.
Medipower (Overseas) Public Co. Limited has not announced a new split in our records. Its most recent split was on October 14, 2012, 14 years ago. Companies announce splits in advance, and any new TASE:MDPR split will appear on this page.
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