Oct 11, 2017
99:200
For every 200 shares held, investors received 99. The price per share adjusted from $23.15 to $46.77.
The split itself did not change the total investment value.
Nien Hsing Textile Co., Ltd. (TWSE:1451) operates in the Textiles industry.
Nien Hsing Textile Co., Ltd. company overviewNien Hsing Textile Co., Ltd.'s most recent stock split was on October 11, 2017. It was a 99-for-200 reverse split, so shareholders received 99 shares for every 200 they held.
Nien Hsing Textile Co., Ltd. (TWSE:1451) has split its stock 10 times: a 5-for-4 split on September 23, 1997, a 32-for-25 split on May 21, 1998, a 6-for-5 split on July 20, 1999, a 13-for-10 split on May 8, 2000, a 6-for-5 split on July 12, 2001, a 839-for-901 reverse split on September 10, 2010, a 7-for-8 reverse split on August 25, 2011, a 9-for-10 reverse split on August 20, 2012, a 640-for-693 reverse split on August 19, 2013, and a 99-for-200 reverse split on October 11, 2017.
Nien Hsing Textile Co., Ltd. has split its stock 10 times. This history records 10 splits between September 23, 1997 and October 11, 2017.
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 Nien Hsing Textile Co., Ltd.'s 99-for-200 reverse split on October 11, 2017, every 200 shares became 99 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Nien Hsing Textile Co., Ltd. has not announced a new split in our records. Its most recent split was on October 11, 2017, 9 years ago. Companies announce splits in advance, and any new TWSE:1451 split will appear on this page.
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