Dec 06, 2021
23:25
For every 25 shares held, investors received 23. The price per share adjusted from $51.30 to $55.76.
The split itself did not change the total investment value.
Tainet Communication System Corp. (TPEX:4905) operates in the Telecommunications equipment industry.
Tainet Communication System Corp. company overviewTainet Communication System Corp.'s most recent stock split was on December 6, 2021. It was a 23-for-25 reverse split, so shareholders received 23 shares for every 25 they held.
Tainet Communication System Corp. (TPEX:4905) has split its stock 3 times: a 253-for-281 reverse split on December 20, 2011, a 718-for-799 reverse split on November 3, 2020, and a 23-for-25 reverse split on December 6, 2021.
Tainet Communication System Corp. has split its stock 3 times. This history records 3 reverse splits between December 20, 2011 and December 6, 2021.
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 Tainet Communication System Corp.'s 23-for-25 reverse split on December 6, 2021, every 25 shares became 23 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tainet Communication System Corp. has not announced a new split in our records. Its most recent split was on December 6, 2021, 4 years ago. Companies announce splits in advance, and any new TPEX:4905 split will appear on this page.
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