Nov 25, 2019
19:20
For every 20 shares held, investors received 19. The price per share adjusted from $13.15 to $13.84.
The split itself did not change the total investment value.
Formosan Union Chemical Corp. (TWSE:1709) operates in the Chemicals: specialty industry.
Formosan Union Chemical Corp. company overviewFormosan Union Chemical Corp.'s most recent stock split was on November 25, 2019. It was a 19-for-20 reverse split, so shareholders received 19 shares for every 20 they held.
Formosan Union Chemical Corp. (TWSE:1709) has split its stock 15 times: a 11-for-10 split on June 28, 2000, a 207-for-200 split on June 27, 2001, a 1039-for-1000 split on July 30, 2002, a 103-for-100 split on August 12, 2003, a 103-for-100 split on August 3, 2004, a 53-for-50 split on July 27, 2005, a 26-for-25 split on August 3, 2006, a 26-for-25 split on July 26, 2007, a 133-for-125 split on August 25, 2008, a 41-for-40 split on August 25, 2009, a 58-for-43 split on August 25, 2010, a 107-for-100 split on August 25, 2011, a 11-for-10 split on August 23, 2012, a 193-for-186 split on August 24, 2017, and a 19-for-20 reverse split on November 25, 2019.
Formosan Union Chemical Corp. has split its stock 15 times. This history records 15 splits between June 28, 2000 and November 25, 2019.
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 Formosan Union Chemical Corp.'s 19-for-20 reverse split on November 25, 2019, every 20 shares became 19 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Formosan Union Chemical Corp. has not announced a new split in our records. Its most recent split was on November 25, 2019, 6 years ago. Companies announce splits in advance, and any new TWSE:1709 split will appear on this page.
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