Dec 11, 2023
487:686
For every 686 shares held, investors received 487. The price per share adjusted from $12.40 to $17.47.
The split itself did not change the total investment value.
Jenn Feng Industrial Tools Co., Ltd. (TWSE:1538) operates in the Tools & hardware industry.
Jenn Feng Industrial Tools Co., Ltd. company overviewJenn Feng Industrial Tools Co., Ltd.'s most recent stock split was on December 11, 2023. It was a 487-for-686 reverse split, so shareholders received 487 shares for every 686 they held.
Jenn Feng Industrial Tools Co., Ltd. (TWSE:1538) has split its stock 10 times: a 11-for-10 split on July 18, 2000, a 11-for-10 split on September 4, 2002, a 51-for-50 split on July 29, 2003, a 53-for-50 split on August 6, 2004, a 11-for-10 split on August 7, 2006, a 377-for-322 split on August 31, 2009, a 507283-for-1000000 reverse split on October 27, 2014, a 368-for-545 reverse split on September 11, 2018, a 320-for-839 reverse split on November 16, 2020, and a 487-for-686 reverse split on December 11, 2023.
Jenn Feng Industrial Tools Co., Ltd. has split its stock 10 times. This history records 10 splits between July 18, 2000 and December 11, 2023.
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 Jenn Feng Industrial Tools Co., Ltd.'s 487-for-686 reverse split on December 11, 2023, every 686 shares became 487 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Jenn Feng Industrial Tools Co., Ltd. has not announced a new split in our records. Its most recent split was on December 11, 2023, 2 years ago. Companies announce splits in advance, and any new TWSE:1538 split will appear on this page.
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