Sep 22, 2011
171:368
For every 368 shares held, investors received 171. The price per share adjusted from $3.24 to $6.97.
The split itself did not change the total investment value.
Lily Textile Co. Ltd. (TWSE:1443) operates in the Air freight/Couriers industry.
Lily Textile Co. Ltd. company overviewLily Textile Co. Ltd.'s most recent stock split was on September 22, 2011. It was a 171-for-368 reverse split, so shareholders received 171 shares for every 368 they held.
Lily Textile Co. Ltd. (TWSE:1443) has split its stock 5 times: a 11-for-10 split on August 22, 1994, a 11-for-10 split on June 20, 1997, a 111-for-100 split on June 8, 1998, a 21-for-20 split on August 2, 1999, and a 171-for-368 reverse split on September 22, 2011.
Lily Textile Co. Ltd. has split its stock 5 times. This history records 5 splits between August 22, 1994 and September 22, 2011.
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 Lily Textile Co. Ltd.'s 171-for-368 reverse split on September 22, 2011, every 368 shares became 171 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lily Textile Co. Ltd. has not announced a new split in our records. Its most recent split was on September 22, 2011, 15 years ago. Companies announce splits in advance, and any new TWSE:1443 split will appear on this page.
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