Dec 05, 2022
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $18.70 to $23.38.
The split itself did not change the total investment value.
Meiloon Industrial Co., Ltd. (TWSE:2477) operates in the Electronics/Appliances industry.
Meiloon Industrial Co., Ltd. company overviewMeiloon Industrial Co., Ltd.'s most recent stock split was on December 5, 2022. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Meiloon Industrial Co., Ltd. (TWSE:2477) has split its stock 12 times: a 7-for-5 split on June 21, 2000, a 27-for-20 split on June 19, 2001, a 13-for-10 split on July 22, 2002, a 27-for-20 split on July 21, 2003, a 61-for-50 split on September 2, 2004, a 43-for-40 split on August 11, 2005, a 51-for-50 split on August 9, 2006, a 51-for-50 split on August 9, 2007, a 503-for-493 split on August 19, 2008, a 23-for-25 reverse split on December 4, 2012, a 83-for-100 reverse split on October 6, 2017, and a 4-for-5 reverse split on December 5, 2022.
Meiloon Industrial Co., Ltd. has split its stock 12 times. This history records 12 splits between June 21, 2000 and December 5, 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 Meiloon Industrial Co., Ltd.'s 4-for-5 reverse split on December 5, 2022, 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.
Meiloon Industrial Co., Ltd. has not announced a new split in our records. Its most recent split was on December 5, 2022, 3 years ago. Companies announce splits in advance, and any new TWSE:2477 split will appear on this page.
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