Oct 07, 2019
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $21.25 to $23.61.
The split itself did not change the total investment value.
Single Well Industrial Co. Ltd. (TPEX:3490) operates in the Industrial machinery industry.
Single Well Industrial Co. Ltd. company overviewSingle Well Industrial Co. Ltd.'s most recent stock split was on October 7, 2019. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Single Well Industrial Co. Ltd. (TPEX:3490) has split its stock 6 times: a 11-for-10 split on August 16, 2007, a 11-for-10 split on August 11, 2008, a 525-for-521 split on October 28, 2010, a 672-for-619 split on November 25, 2016, a 41-for-40 split on October 25, 2017, and a 9-for-10 reverse split on October 7, 2019.
Single Well Industrial Co. Ltd. has split its stock 6 times. This history records 6 splits between August 16, 2007 and October 7, 2019.
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 Single Well Industrial Co. Ltd.'s 9-for-10 reverse split on October 7, 2019, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Single Well Industrial Co. Ltd. has not announced a new split in our records. Its most recent split was on October 7, 2019, 7 years ago. Companies announce splits in advance, and any new TPEX:3490 split will appear on this page.
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