Feb 27, 2006
50:87
For every 87 shares held, investors received 50. The price per share adjusted from $3.75 to $6.53.
The split itself did not change the total investment value.
Hung Ching Development & Construction Co. Ltd (TWSE:2527) operates in the Homebuilding industry.
Hung Ching Development & Construction Co. Ltd company overviewHung Ching Development & Construction Co. Ltd's most recent stock split was on February 27, 2006. It was a 50-for-87 reverse split, so shareholders received 50 shares for every 87 they held.
Hung Ching Development & Construction Co. Ltd (TWSE:2527) has split its stock 2 times: a 11-for-10 split on August 9, 1997 and a 50-for-87 reverse split on February 27, 2006.
Hung Ching Development & Construction Co. Ltd has split its stock 2 times. This history records 2 splits between August 9, 1997 and February 27, 2006.
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 Hung Ching Development & Construction Co. Ltd's 50-for-87 reverse split on February 27, 2006, every 87 shares became 50 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Hung Ching Development & Construction Co. Ltd has not announced a new split in our records. Its most recent split was on February 27, 2006, 20 years ago. Companies announce splits in advance, and any new TWSE:2527 split will appear on this page.
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