Nov 27, 2014
7:8
For every 8 shares held, investors received 7. The price per share adjusted from $19.60 to $22.40.
The split itself did not change the total investment value.
Chung-Hsin Electric & Machinery Manufacturing Corp. (TWSE:1513) operates in the Electrical products industry.
Chung-Hsin Electric & Machinery Manufacturing Corp. company overviewChung-Hsin Electric & Machinery Manufacturing Corp.'s most recent stock split was on November 27, 2014. It was a 7-for-8 reverse split, so shareholders received 7 shares for every 8 they held.
Chung-Hsin Electric & Machinery Manufacturing Corp. (TWSE:1513) has split its stock 4 times: a 21-for-20 split on August 25, 1998, a 11-for-10 split on July 21, 1999, a 11-for-10 split on August 9, 2000, and a 7-for-8 reverse split on November 27, 2014.
Chung-Hsin Electric & Machinery Manufacturing Corp. has split its stock 4 times. This history records 4 splits between August 25, 1998 and November 27, 2014.
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 Chung-Hsin Electric & Machinery Manufacturing Corp.'s 7-for-8 reverse split on November 27, 2014, every 8 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Chung-Hsin Electric & Machinery Manufacturing Corp. has not announced a new split in our records. Its most recent split was on November 27, 2014, 11 years ago. Companies announce splits in advance, and any new TWSE:1513 split will appear on this page.
Already premium?