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Formosan Rubber Group Inc.

Formosan Rubber Group Inc.

TTWSE:2107
28.95
TWD
-0.10
(-0.34%)
1.88EPS
13.56P/E
7.76BMarket Cap

Latest Stock Split

Sep 18, 2023

9:10

For every 10 shares held, investors received 9. The price per share adjusted from $21.85 to $24.28.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 18, 2023
    Before$21.85
    Split ratio9:10
    After$24.28
    Reverse
  2. Sep 28, 2017
    Before$15.30
    Split ratio9:10
    After$17.00
    Reverse
  3. Sep 30, 2016
    Before$14.75
    Split ratio9:10
    After$16.39
    Reverse
  4. Jul 18, 1998
    Before—
    Split ratio28:25
    After—
    Forward
  5. Jul 14, 1997
    Before—
    Split ratio11:10
    After—
    Forward

About Formosan Rubber Group Inc. stock splits

Formosan Rubber Group Inc. (TWSE:2107) operates in the Real estate development industry.

Formosan Rubber Group Inc. company overview

When did Formosan Rubber Group Inc. stock split?

Formosan Rubber Group Inc.'s most recent stock split was on September 18, 2023. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.

What is Formosan Rubber Group Inc.'s stock split history?

Formosan Rubber Group Inc. (TWSE:2107) has split its stock 5 times: a 11-for-10 split on July 14, 1997, a 28-for-25 split on July 18, 1998, a 9-for-10 reverse split on September 30, 2016, a 9-for-10 reverse split on September 28, 2017, and a 9-for-10 reverse split on September 18, 2023.

How many times has Formosan Rubber Group Inc. stock split?

Formosan Rubber Group Inc. has split its stock 5 times. This history records 5 splits between July 14, 1997 and September 18, 2023.

What is a reverse stock split?

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 Rubber Group Inc.'s 9-for-10 reverse split on September 18, 2023, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Formosan Rubber Group Inc. split its stock again?

Formosan Rubber Group Inc. has not announced a new split in our records. Its most recent split was on September 18, 2023, 3 years ago. Companies announce splits in advance, and any new TWSE:2107 split will appear on this page.