Dec 09, 2019
217:675
For every 675 shares held, investors received 217. The price per share adjusted from $3.40 to $10.58.
The split itself did not change the total investment value.
Allied Industrial Corp., Ltd. (TPEX:4702) operates in the Chemicals: major diversified industry.
Allied Industrial Corp., Ltd. company overviewAllied Industrial Corp., Ltd.'s most recent stock split was on December 9, 2019. It was a 217-for-675 reverse split, so shareholders received 217 shares for every 675 they held.
Allied Industrial Corp., Ltd. (TPEX:4702) has split its stock 5 times: a 21-for-20 split on July 29, 1997, a 1-for-2 reverse split on January 6, 2005, a 71-for-119 reverse split on March 26, 2010, a 273-for-269 split on December 16, 2015, and a 217-for-675 reverse split on December 9, 2019.
Allied Industrial Corp., Ltd. has split its stock 5 times. This history records 5 splits between July 29, 1997 and December 9, 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 Allied Industrial Corp., Ltd.'s 217-for-675 reverse split on December 9, 2019, every 675 shares became 217 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Allied Industrial Corp., Ltd. has not announced a new split in our records. Its most recent split was on December 9, 2019, 6 years ago. Companies announce splits in advance, and any new TPEX:4702 split will appear on this page.
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