Nov 07, 2022
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $11.05 to $12.28.
The split itself did not change the total investment value.
Everspring Industry Co., Ltd. (TWSE:2390) operates in the Computer communications industry.
Everspring Industry Co., Ltd. company overviewEverspring Industry Co., Ltd.'s most recent stock split was on November 7, 2022. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Everspring Industry Co., Ltd. (TWSE:2390) has split its stock 8 times: a 117-for-100 split on July 7, 1997, a 37-for-25 split on June 17, 1998, a 33-for-25 split on July 16, 1999, a 71-for-50 split on June 9, 2000, a 239-for-200 split on August 21, 2001, a 43-for-40 split on June 18, 2002, a 103-for-100 split on August 16, 2005, and a 9-for-10 reverse split on November 7, 2022.
Everspring Industry Co., Ltd. has split its stock 8 times. This history records 8 splits between July 7, 1997 and November 7, 2022.
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 Everspring Industry Co., Ltd.'s 9-for-10 reverse split on November 7, 2022, 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.
Everspring Industry Co., Ltd. has not announced a new split in our records. Its most recent split was on November 7, 2022, 3 years ago. Companies announce splits in advance, and any new TWSE:2390 split will appear on this page.
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