Nov 15, 2006
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $21.40 to $26.75.
The split itself did not change the total investment value.
Chung Lien Co., Ltd (TPEX:5604) operates in the Trucking industry.
Chung Lien Co., Ltd company overviewChung Lien Co., Ltd's most recent stock split was on November 15, 2006. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Chung Lien Co., Ltd (TPEX:5604) has split its stock 8 times: a 5-for-4 split on April 15, 1998, a 11-for-10 split on September 1, 1999, a 21-for-20 split on August 14, 2000, a 41-for-40 split on May 10, 2001, a 7-for-10 reverse split on August 14, 2003, a 9-for-10 reverse split on July 22, 2004, a 4-for-5 reverse split on December 5, 2005, and a 4-for-5 reverse split on November 15, 2006.
Chung Lien Co., Ltd has split its stock 8 times. This history records 8 splits between April 15, 1998 and November 15, 2006.
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 Chung Lien Co., Ltd's 4-for-5 reverse split on November 15, 2006, every 5 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Chung Lien Co., Ltd has not announced a new split in our records. Its most recent split was on November 15, 2006, 19 years ago. Companies announce splits in advance, and any new TPEX:5604 split will appear on this page.
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