Feb 17, 2020
683:974
For every 974 shares held, investors received 683. The price per share adjusted from $9.65 to $13.76.
The split itself did not change the total investment value.
Carnival Industrial Corporation (TWSE:1417) operates in the Apparel/Footwear industry.
Carnival Industrial Corporation company overviewCarnival Industrial Corporation's most recent stock split was on February 17, 2020. It was a 683-for-974 reverse split, so shareholders received 683 shares for every 974 they held.
Carnival Industrial Corporation (TWSE:1417) has split its stock 4 times: a 27-for-25 split on June 15, 1994, a 27-for-25 split on July 1, 1999, a 487-for-683 reverse split on September 9, 2019, and a 683-for-974 reverse split on February 17, 2020.
Carnival Industrial Corporation has split its stock 4 times. This history records 4 splits between June 15, 1994 and February 17, 2020.
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 Carnival Industrial Corporation's 683-for-974 reverse split on February 17, 2020, every 974 shares became 683 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Carnival Industrial Corporation has not announced a new split in our records. Its most recent split was on February 17, 2020, 6 years ago. Companies announce splits in advance, and any new TWSE:1417 split will appear on this page.
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