Nov 14, 2014
3:5
For every 5 shares held, investors received 3. The price per share adjusted from $3.40 to $5.67.
The split itself did not change the total investment value.
HUNG CHOU FIBER IND. CO., LTD. (TWSE:1413) operates in the Textiles industry.
HUNG CHOU FIBER IND. CO., LTD. company overviewHUNG CHOU FIBER IND. CO., LTD.'s most recent stock split was on November 14, 2014. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
HUNG CHOU FIBER IND. CO., LTD. (TWSE:1413) has split its stock 3 times: a 27-for-25 split on October 22, 1998, a 3-for-5 reverse split on December 15, 2009, and a 3-for-5 reverse split on November 14, 2014.
HUNG CHOU FIBER IND. CO., LTD. has split its stock 3 times. This history records 3 splits between October 22, 1998 and November 14, 2014.
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 HUNG CHOU FIBER IND. CO., LTD.'s 3-for-5 reverse split on November 14, 2014, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
HUNG CHOU FIBER IND. CO., LTD. has not announced a new split in our records. Its most recent split was on November 14, 2014, 11 years ago. Companies announce splits in advance, and any new TWSE:1413 split will appear on this page.
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