Nov 05, 2018
17:20
For every 20 shares held, investors received 17. The price per share adjusted from $27.00 to $31.76.
The split itself did not change the total investment value.
Lihtai Construction Enterprise Co., Ltd. (TPEX:5520) operates in the Construction materials industry.
Lihtai Construction Enterprise Co., Ltd. company overviewLihtai Construction Enterprise Co., Ltd.'s most recent stock split was on November 5, 2018. It was a 17-for-20 reverse split, so shareholders received 17 shares for every 20 they held.
Lihtai Construction Enterprise Co., Ltd. (TPEX:5520) has split its stock 5 times: a 21-for-20 split on September 19, 2000, a 51-for-50 split on September 19, 2001, a 113-for-100 split on August 29, 2002, a 103-for-100 split on August 21, 2003, and a 17-for-20 reverse split on November 5, 2018.
Lihtai Construction Enterprise Co., Ltd. has split its stock 5 times. This history records 5 splits between September 19, 2000 and November 5, 2018.
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 Lihtai Construction Enterprise Co., Ltd.'s 17-for-20 reverse split on November 5, 2018, every 20 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lihtai Construction Enterprise Co., Ltd. has not announced a new split in our records. Its most recent split was on November 5, 2018, 7 years ago. Companies announce splits in advance, and any new TPEX:5520 split will appear on this page.
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