Nov 13, 2009
141:575
For every 575 shares held, investors received 141. The price per share adjusted from $3.13 to $12.76.
The split itself did not change the total investment value.
Tait Marketing & Distribution Co., Ltd. (TPEX:5902) operates in the Food distributors industry.
Tait Marketing & Distribution Co., Ltd. company overviewTait Marketing & Distribution Co., Ltd.'s most recent stock split was on November 13, 2009. It was a 141-for-575 reverse split, so shareholders received 141 shares for every 575 they held.
Tait Marketing & Distribution Co., Ltd. (TPEX:5902) has split its stock 2 times: a 27-for-25 split on October 2, 1998 and a 141-for-575 reverse split on November 13, 2009.
Tait Marketing & Distribution Co., Ltd. has split its stock 2 times. This history records 2 splits between October 2, 1998 and November 13, 2009.
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 Tait Marketing & Distribution Co., Ltd.'s 141-for-575 reverse split on November 13, 2009, every 575 shares became 141 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tait Marketing & Distribution Co., Ltd. has not announced a new split in our records. Its most recent split was on November 13, 2009, 16 years ago. Companies announce splits in advance, and any new TPEX:5902 split will appear on this page.
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