Oct 11, 2022
19:20
For every 20 shares held, investors received 19. The price per share adjusted from $30.30 to $31.89.
The split itself did not change the total investment value.
Eternal Materials Co., Ltd. (TWSE:1717) operates in the Chemicals: major diversified industry.
Eternal Materials Co., Ltd. company overviewEternal Materials Co., Ltd.'s most recent stock split was on October 11, 2022. It was a 19-for-20 reverse split, so shareholders received 19 shares for every 20 they held.
Eternal Materials Co., Ltd. (TWSE:1717) has split its stock 15 times: a 6-for-5 split on June 8, 2000, a 11-for-10 split on June 21, 2001, a 21-for-20 split on June 25, 2002, a 11-for-10 split on July 28, 2005, a 11-for-10 split on July 17, 2006, a 28-for-25 split on July 4, 2007, a 11-for-10 split on August 14, 2008, a 101-for-100 split on July 21, 2009, a 21-for-20 split on August 11, 2010, a 21-for-20 split on July 15, 2011, a 103-for-100 split on August 4, 2014, a 27-for-25 split on July 21, 2016, a 21-for-20 split on August 3, 2017, a 107-for-100 split on July 26, 2018, and a 19-for-20 reverse split on October 11, 2022.
Eternal Materials Co., Ltd. has split its stock 15 times. This history records 15 splits between June 8, 2000 and October 11, 2022.
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 Eternal Materials Co., Ltd.'s 19-for-20 reverse split on October 11, 2022, 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.
Eternal Materials Co., Ltd. has not announced a new split in our records. Its most recent split was on October 11, 2022, 4 years ago. Companies announce splits in advance, and any new TWSE:1717 split will appear on this page.
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