Oct 07, 2019
2:5
For every 5 shares held, investors received 2. The price per share adjusted from $24.65 to $61.62.
The split itself did not change the total investment value.
China Motor Corporation (TWSE:2204) operates in the Motor vehicles industry.
China Motor Corporation company overviewChina Motor Corporation's most recent stock split was on October 7, 2019. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
China Motor Corporation (TWSE:2204) has split its stock 9 times: a 13-for-10 split on July 3, 1998, a 21-for-20 split on July 3, 2000, a 217-for-200 split on June 28, 2001, a 41-for-40 split on July 25, 2002, a 41-for-40 split on July 24, 2003, a 101-for-100 split on August 8, 2005, a 203-for-200 split on August 7, 2006, a 201-for-200 split on August 21, 2007, and a 2-for-5 reverse split on October 7, 2019.
China Motor Corporation has split its stock 9 times. This history records 9 splits between July 3, 1998 and October 7, 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 China Motor Corporation's 2-for-5 reverse split on October 7, 2019, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
China Motor Corporation has not announced a new split in our records. Its most recent split was on October 7, 2019, 7 years ago. Companies announce splits in advance, and any new TWSE:2204 split will appear on this page.
Already premium?