Nov 10, 2016
17:20
For every 20 shares held, investors received 17. The price per share adjusted from $10.35 to $12.18.
The split itself did not change the total investment value.
Microcosm Technology Co., Ltd. (TPEX:3354) operates in the Metal fabrication industry.
Microcosm Technology Co., Ltd. company overviewMicrocosm Technology Co., Ltd.'s most recent stock split was on November 10, 2016. It was a 17-for-20 reverse split, so shareholders received 17 shares for every 20 they held.
Microcosm Technology Co., Ltd. (TPEX:3354) has split its stock 8 times: a 13-for-10 split on June 20, 2005, a 23-for-20 split on July 27, 2006, a 310-for-301 split on August 14, 2007, a 21-for-20 split on September 16, 2010, a 202-for-197 split on July 25, 2011, a 460-for-449 split on September 4, 2012, a 953-for-930 split on July 17, 2013, and a 17-for-20 reverse split on November 10, 2016.
Microcosm Technology Co., Ltd. has split its stock 8 times. This history records 8 splits between June 20, 2005 and November 10, 2016.
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 Microcosm Technology Co., Ltd.'s 17-for-20 reverse split on November 10, 2016, every 20 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Microcosm Technology Co., Ltd. has not announced a new split in our records. Its most recent split was on November 10, 2016, 9 years ago. Companies announce splits in advance, and any new TPEX:3354 split will appear on this page.
Already premium?