Oct 22, 2018
19:20
For every 20 shares held, investors received 19. The price per share adjusted from $14.75 to $15.53.
The split itself did not change the total investment value.
Hsing Ta Cement Co., Ltd. (TWSE:1109) operates in the Construction materials industry.
Hsing Ta Cement Co., Ltd. company overviewHsing Ta Cement Co., Ltd.'s most recent stock split was on October 22, 2018. It was a 19-for-20 reverse split, so shareholders received 19 shares for every 20 they held.
Hsing Ta Cement Co., Ltd. (TWSE:1109) has split its stock 6 times: a 53-for-50 split on July 15, 1997, a 21-for-20 split on July 15, 1998, a 103-for-100 split on August 11, 2004, a 9-for-10 reverse split on October 30, 2015, a 19-for-20 reverse split on October 30, 2017, and a 19-for-20 reverse split on October 22, 2018.
Hsing Ta Cement Co., Ltd. has split its stock 6 times. This history records 6 splits between July 15, 1997 and October 22, 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 Hsing Ta Cement Co., Ltd.'s 19-for-20 reverse split on October 22, 2018, every 20 shares became 19 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Hsing Ta Cement Co., Ltd. has not announced a new split in our records. Its most recent split was on October 22, 2018, 8 years ago. Companies announce splits in advance, and any new TWSE:1109 split will appear on this page.
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