Nov 26, 2018
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $5.40 to $6.00.
The split itself did not change the total investment value.
Advance Materials Corporation (TPEX:3585) operates in the Electronic components industry.
Advance Materials Corporation company overviewAdvance Materials Corporation's most recent stock split was on November 26, 2018. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Advance Materials Corporation (TPEX:3585) has split its stock 3 times: a 26-for-25 split on August 12, 2008, a 297-for-295 split on September 7, 2010, and a 9-for-10 reverse split on November 26, 2018.
Advance Materials Corporation has split its stock 3 times. This history records 3 splits between August 12, 2008 and November 26, 2018.
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 Advance Materials Corporation's 9-for-10 reverse split on November 26, 2018, 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.
Advance Materials Corporation has not announced a new split in our records. Its most recent split was on November 26, 2018, 7 years ago. Companies announce splits in advance, and any new TPEX:3585 split will appear on this page.
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