Oct 03, 2014
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $38.80 to $48.50.
The split itself did not change the total investment value.
Audix Corporation (TWSE:2459) operates in the Electronic production equipment industry.
Audix Corporation company overviewAudix Corporation's most recent stock split was on October 3, 2014. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Audix Corporation (TWSE:2459) has split its stock 10 times: a 13-for-10 split on June 14, 2000, a 5-for-4 split on June 13, 2001, a 23-for-20 split on July 19, 2002, a 109-for-100 split on July 18, 2003, a 53-for-49 split on September 9, 2004, a 827-for-796 split on September 1, 2005, a 379-for-363 split on August 31, 2006, a 203-for-200 split on August 2, 2007, a 203-for-200 split on August 5, 2008, and a 4-for-5 reverse split on October 3, 2014.
Audix Corporation has split its stock 10 times. This history records 10 splits between June 14, 2000 and October 3, 2014.
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 Audix Corporation's 4-for-5 reverse split on October 3, 2014, every 5 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Audix Corporation has not announced a new split in our records. Its most recent split was on October 3, 2014, 12 years ago. Companies announce splits in advance, and any new TWSE:2459 split will appear on this page.
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