Apr 19, 2021
7:10
For every 10 shares held, investors received 7. The price per share adjusted from $5.50 to $7.86.
The split itself did not change the total investment value.
Glotech Industrial Corp (TPEX:5475) operates in the Industrial machinery industry.
Glotech Industrial Corp company overviewGlotech Industrial Corp's most recent stock split was on April 19, 2021. It was a 7-for-10 reverse split, so shareholders received 7 shares for every 10 they held.
Glotech Industrial Corp (TPEX:5475) has split its stock 8 times: a 43-for-34 split on June 13, 2001, a 11-for-10 split on August 29, 2002, a 11-for-10 split on August 29, 2005, a 729-for-662 split on November 7, 2008, a 477-for-472 split on November 9, 2009, a 311-for-296 split on November 10, 2011, a 61-for-91 reverse split on April 25, 2017, and a 7-for-10 reverse split on April 19, 2021.
Glotech Industrial Corp has split its stock 8 times. This history records 8 splits between June 13, 2001 and April 19, 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 Glotech Industrial Corp's 7-for-10 reverse split on April 19, 2021, every 10 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Glotech Industrial Corp has not announced a new split in our records. Its most recent split was on April 19, 2021, 5 years ago. Companies announce splits in advance, and any new TPEX:5475 split will appear on this page.
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