Jan 07, 2008
387:625
For every 625 shares held, investors received 387. The price per share adjusted from $6.55 to $10.58.
The split itself did not change the total investment value.
Hong Ho Precision Textile Co., Ltd. (TWSE:1446) operates in the Textiles industry.
Hong Ho Precision Textile Co., Ltd. company overviewHong Ho Precision Textile Co., Ltd.'s most recent stock split was on January 7, 2008. It was a 387-for-625 reverse split, so shareholders received 387 shares for every 625 they held.
Hong Ho Precision Textile Co., Ltd. (TWSE:1446) has split its stock 5 times: a 117-for-100 split on July 9, 1994, a 11-for-10 split on July 28, 1999, a 500-for-753 reverse split on October 17, 2002, a 101-for-100 split on July 22, 2004, and a 387-for-625 reverse split on January 7, 2008.
Hong Ho Precision Textile Co., Ltd. has split its stock 5 times. This history records 5 splits between July 9, 1994 and January 7, 2008.
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 Hong Ho Precision Textile Co., Ltd.'s 387-for-625 reverse split on January 7, 2008, every 625 shares became 387 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Hong Ho Precision Textile Co., Ltd. has not announced a new split in our records. Its most recent split was on January 7, 2008, 18 years ago. Companies announce splits in advance, and any new TWSE:1446 split will appear on this page.
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