Oct 07, 2013
585:916
For every 916 shares held, investors received 585. The price per share adjusted from $12.45 to $19.49.
The split itself did not change the total investment value.
Fong Chien Construction Co., Ltd. (TPEX:5523) operates in the Homebuilding industry.
Fong Chien Construction Co., Ltd. company overviewFong Chien Construction Co., Ltd.'s most recent stock split was on October 7, 2013. It was a 585-for-916 reverse split, so shareholders received 585 shares for every 916 they held.
Fong Chien Construction Co., Ltd. (TPEX:5523) has split its stock 6 times: a 27-for-25 split on August 12, 2004, a 778-for-727 split on September 15, 2005, a 111-for-100 split on August 15, 2006, a 113-for-100 split on September 13, 2007, a 891-for-806 split on September 25, 2008, and a 585-for-916 reverse split on October 7, 2013.
Fong Chien Construction Co., Ltd. has split its stock 6 times. This history records 6 splits between August 12, 2004 and October 7, 2013.
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 Fong Chien Construction Co., Ltd.'s 585-for-916 reverse split on October 7, 2013, every 916 shares became 585 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Fong Chien Construction Co., Ltd. has not announced a new split in our records. Its most recent split was on October 7, 2013, 13 years ago. Companies announce splits in advance, and any new TPEX:5523 split will appear on this page.
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