Nov 09, 2015
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $59.20 to $65.78.
The split itself did not change the total investment value.
Basso Industry Corp. Ltd. (TWSE:1527) operates in the Miscellaneous manufacturing industry.
Basso Industry Corp. Ltd. company overviewBasso Industry Corp. Ltd.'s most recent stock split was on November 9, 2015. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Basso Industry Corp. Ltd. (TWSE:1527) has split its stock 6 times: a 3-for-2 split on July 21, 2000, a 6-for-5 split on August 30, 2001, a 11-for-10 split on September 29, 2004, a 51-for-50 split on July 7, 2005, a 644-for-531 split on September 13, 2006, and a 9-for-10 reverse split on November 9, 2015.
Basso Industry Corp. Ltd. has split its stock 6 times. This history records 6 splits between July 21, 2000 and November 9, 2015.
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 Basso Industry Corp. Ltd.'s 9-for-10 reverse split on November 9, 2015, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Basso Industry Corp. Ltd. has not announced a new split in our records. Its most recent split was on November 9, 2015, 10 years ago. Companies announce splits in advance, and any new TWSE:1527 split will appear on this page.
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