Dec 18, 2014
3:20
For every 20 shares held, investors received 3. The price per share adjusted from $1.97 to $13.13.
The split itself did not change the total investment value.
Sheng Yi Development Co.,Ltd (TPEX:5455) operates in the Real estate development industry.
Sheng Yi Development Co.,Ltd company overviewSheng Yi Development Co.,Ltd's most recent stock split was on December 18, 2014. It was a 3-for-20 reverse split, so shareholders received 3 shares for every 20 they held.
Sheng Yi Development Co.,Ltd (TPEX:5455) has split its stock 5 times: a 6-for-5 split on June 14, 2001, a 71-for-195 reverse split on October 26, 2006, a 1057-for-1000 split on July 24, 2007, a 999-for-865 split on August 14, 2008, and a 3-for-20 reverse split on December 18, 2014.
Sheng Yi Development Co.,Ltd has split its stock 5 times. This history records 5 splits between June 14, 2001 and December 18, 2014.
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 Sheng Yi Development Co.,Ltd's 3-for-20 reverse split on December 18, 2014, every 20 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Sheng Yi Development Co.,Ltd has not announced a new split in our records. Its most recent split was on December 18, 2014, 11 years ago. Companies announce splits in advance, and any new TPEX:5455 split will appear on this page.
Already premium?