Oct 12, 2020
531:983
For every 983 shares held, investors received 531. The price per share adjusted from $5.53 to $10.24.
The split itself did not change the total investment value.
Ritek Corporation (TWSE:2349) operates in the Electronic equipment/Instruments industry.
Ritek Corporation company overviewRitek Corporation's most recent stock split was on October 12, 2020. It was a 531-for-983 reverse split, so shareholders received 531 shares for every 983 they held.
Ritek Corporation (TWSE:2349) has split its stock 7 times: a 33-for-20 split on June 21, 2000, a 13-for-10 split on July 13, 2001, a 5-for-4 split on July 19, 2002, a 404-for-399 split on November 3, 2009, a 403-for-596 reverse split on September 30, 2016, a 149-for-205 reverse split on September 17, 2018, and a 531-for-983 reverse split on October 12, 2020.
Ritek Corporation has split its stock 7 times. This history records 7 splits between June 21, 2000 and October 12, 2020.
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 Ritek Corporation's 531-for-983 reverse split on October 12, 2020, every 983 shares became 531 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Ritek Corporation has not announced a new split in our records. Its most recent split was on October 12, 2020, 6 years ago. Companies announce splits in advance, and any new TWSE:2349 split will appear on this page.
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