Aug 09, 2006
51:50
For every 50 shares held, investors received 51. The price per share adjusted from $16.75 to $16.42.
The split itself did not change the total investment value.
Formosa Taffeta Co., Ltd. (TWSE:1434) operates in the Textiles industry.
Formosa Taffeta Co., Ltd. company overviewFormosa Taffeta Co., Ltd.'s most recent stock split was on August 9, 2006. It was a 51-for-50 forward split, so shareholders received 51 shares for every 50 they held.
Formosa Taffeta Co., Ltd. (TWSE:1434) has split its stock 10 times: a 107-for-100 split on July 18, 1997, a 107-for-100 split on July 21, 1998, a 26-for-25 split on August 5, 1999, a 21-for-20 split on August 9, 2000, a 53-for-50 split on July 17, 2001, a 26-for-25 split on August 8, 2002, a 103-for-100 split on August 7, 2003, a 51-for-50 split on July 20, 2004, a 51-for-50 split on July 28, 2005, and a 51-for-50 split on August 9, 2006.
Formosa Taffeta Co., Ltd. has split its stock 10 times. This history records 10 forward splits between July 18, 1997 and August 9, 2006.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Formosa Taffeta Co., Ltd.'s 51-for-50 split on August 9, 2006, every 50 shares became 51 shares.
Formosa Taffeta Co., Ltd. has not announced a new split in our records. Its most recent split was on August 9, 2006, 20 years ago. Companies announce splits in advance, and any new TWSE:1434 split will appear on this page.
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