Dec 05, 2005
611:982
For every 982 shares held, investors received 611. The price per share adjusted from $3.35 to $5.38.
The split itself did not change the total investment value.
Chih Lien Industrial Co., Ltd. (TWSE:2024) operates in the Metal fabrication industry.
Chih Lien Industrial Co., Ltd. company overviewChih Lien Industrial Co., Ltd.'s most recent stock split was on December 5, 2005. It was a 611-for-982 reverse split, so shareholders received 611 shares for every 982 they held.
Chih Lien Industrial Co., Ltd. (TWSE:2024) has split its stock 3 times: a 11-for-10 split on July 4, 1997, a 11-for-10 split on June 12, 1998, and a 611-for-982 reverse split on December 5, 2005.
Chih Lien Industrial Co., Ltd. has split its stock 3 times. This history records 3 splits between July 4, 1997 and December 5, 2005.
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 Chih Lien Industrial Co., Ltd.'s 611-for-982 reverse split on December 5, 2005, every 982 shares became 611 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Chih Lien Industrial Co., Ltd. has not announced a new split in our records. Its most recent split was on December 5, 2005, 20 years ago. Companies announce splits in advance, and any new TWSE:2024 split will appear on this page.
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