Dec 16, 2019
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $15.50 to $19.38.
The split itself did not change the total investment value.
Long Bon International Co., Ltd. (TWSE:2514) operates in the Engineering & construction industry.
Long Bon International Co., Ltd. company overviewLong Bon International Co., Ltd.'s most recent stock split was on December 16, 2019. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Long Bon International Co., Ltd. (TWSE:2514) has split its stock 9 times: a 6-for-5 split on August 9, 1994, a 6-for-5 split on August 2, 1997, a 137-for-99 split on May 21, 1998, a 6-for-5 split on June 7, 1999, a 11-for-10 split on August 1, 2000, a 201-for-221 reverse split on November 16, 2005, a 472-for-449 split on September 26, 2008, a 41-for-40 split on September 20, 2018, and a 4-for-5 reverse split on December 16, 2019.
Long Bon International Co., Ltd. has split its stock 9 times. This history records 9 splits between August 9, 1994 and December 16, 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 Long Bon International Co., Ltd.'s 4-for-5 reverse split on December 16, 2019, 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.
Long Bon International Co., Ltd. has not announced a new split in our records. Its most recent split was on December 16, 2019, 6 years ago. Companies announce splits in advance, and any new TWSE:2514 split will appear on this page.
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