Oct 12, 2017
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $45.60 to $50.67.
The split itself did not change the total investment value.
GFC, LTD. (TPEX:4506) operates in the Industrial machinery industry.
GFC, LTD. company overviewGFC, LTD.'s most recent stock split was on October 12, 2017. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
GFC, LTD. (TPEX:4506) has split its stock 3 times: a 53-for-50 split on September 13, 2000, a 7-for-10 reverse split on March 28, 2008, and a 9-for-10 reverse split on October 12, 2017.
GFC, LTD. has split its stock 3 times. This history records 3 splits between September 13, 2000 and October 12, 2017.
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 GFC, LTD.'s 9-for-10 reverse split on October 12, 2017, 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.
GFC, LTD. has not announced a new split in our records. Its most recent split was on October 12, 2017, 9 years ago. Companies announce splits in advance, and any new TPEX:4506 split will appear on this page.
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