Dec 27, 2013
13:20
For every 20 shares held, investors received 13. The price per share adjusted from $11.55 to $17.77.
The split itself did not change the total investment value.
Kao Hsing Chang Iron & Steel Corporation (TWSE:2008) operates in the Steel industry.
Kao Hsing Chang Iron & Steel Corporation company overviewKao Hsing Chang Iron & Steel Corporation's most recent stock split was on December 27, 2013. It was a 13-for-20 reverse split, so shareholders received 13 shares for every 20 they held.
Kao Hsing Chang Iron & Steel Corporation (TWSE:2008) has split its stock 3 times: a 11-for-10 split on October 22, 1997, a 21-for-20 split on August 4, 1998, and a 13-for-20 reverse split on December 27, 2013.
Kao Hsing Chang Iron & Steel Corporation has split its stock 3 times. This history records 3 splits between October 22, 1997 and December 27, 2013.
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 Kao Hsing Chang Iron & Steel Corporation's 13-for-20 reverse split on December 27, 2013, every 20 shares became 13 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Kao Hsing Chang Iron & Steel Corporation has not announced a new split in our records. Its most recent split was on December 27, 2013, 12 years ago. Companies announce splits in advance, and any new TWSE:2008 split will appear on this page.
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