Dec 09, 2016
17:20
For every 20 shares held, investors received 17. The price per share adjusted from $20.55 to $24.18.
The split itself did not change the total investment value.
Universal Incorporation (TWSE:1325) operates in the Apparel/Footwear industry.
Universal Incorporation company overviewUniversal Incorporation's most recent stock split was on December 9, 2016. It was a 17-for-20 reverse split, so shareholders received 17 shares for every 20 they held.
Universal Incorporation (TWSE:1325) has split its stock 7 times: a 28-for-25 split on September 9, 1999, a 23-for-20 split on September 27, 2000, a 11-for-10 split on August 28, 2001, a 103-for-100 split on August 4, 2009, a 103-for-100 split on August 3, 2010, a 213-for-200 split on August 11, 2011, and a 17-for-20 reverse split on December 9, 2016.
Universal Incorporation has split its stock 7 times. This history records 7 splits between September 9, 1999 and December 9, 2016.
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 Universal Incorporation's 17-for-20 reverse split on December 9, 2016, 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.
Universal Incorporation has not announced a new split in our records. Its most recent split was on December 9, 2016, 9 years ago. Companies announce splits in advance, and any new TWSE:1325 split will appear on this page.
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