Oct 23, 2023
18:25
For every 25 shares held, investors received 18. The price per share adjusted from $23.70 to $32.92.
The split itself did not change the total investment value.
Reward Wool Industry Corporation (TWSE:1423) operates in the Textiles industry.
Reward Wool Industry Corporation company overviewReward Wool Industry Corporation's most recent stock split was on October 23, 2023. It was a 18-for-25 reverse split, so shareholders received 18 shares for every 25 they held.
Reward Wool Industry Corporation (TWSE:1423) has split its stock 3 times: a 4-for-5 reverse split on October 18, 2018, a 4-for-5 reverse split on October 29, 2018, and a 18-for-25 reverse split on October 23, 2023.
Reward Wool Industry Corporation has split its stock 3 times. This history records 3 reverse splits between October 18, 2018 and October 23, 2023.
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 Reward Wool Industry Corporation's 18-for-25 reverse split on October 23, 2023, every 25 shares became 18 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Reward Wool Industry Corporation has not announced a new split in our records. Its most recent split was on October 23, 2023, 3 years ago. Companies announce splits in advance, and any new TWSE:1423 split will appear on this page.
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