Sep 23, 2019
17:20
For every 20 shares held, investors received 17. The price per share adjusted from $22.90 to $26.94.
The split itself did not change the total investment value.
Taiwan-Asia Semiconductor Corporation (TWSE:2340) operates in the Semiconductors industry.
Taiwan-Asia Semiconductor Corporation company overviewTaiwan-Asia Semiconductor Corporation's most recent stock split was on September 23, 2019. It was a 17-for-20 reverse split, so shareholders received 17 shares for every 20 they held.
Taiwan-Asia Semiconductor Corporation (TWSE:2340) has split its stock 6 times: a 27-for-20 split on June 2, 1998, a 13-for-10 split on July 6, 1999, a 6-for-5 split on July 6, 2000, a 5-for-4 split on August 10, 2001, a 756-for-943 reverse split on October 6, 2017, and a 17-for-20 reverse split on September 23, 2019.
Taiwan-Asia Semiconductor Corporation has split its stock 6 times. This history records 6 splits between June 2, 1998 and September 23, 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 Taiwan-Asia Semiconductor Corporation's 17-for-20 reverse split on September 23, 2019, every 20 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Taiwan-Asia Semiconductor Corporation has not announced a new split in our records. Its most recent split was on September 23, 2019, 7 years ago. Companies announce splits in advance, and any new TWSE:2340 split will appear on this page.
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