Dec 14, 2020
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $18.60 to $23.25.
The split itself did not change the total investment value.
Hung Sheng Construction Co., Ltd. (TWSE:2534) operates in the Homebuilding industry.
Hung Sheng Construction Co., Ltd. company overviewHung Sheng Construction Co., Ltd.'s most recent stock split was on December 14, 2020. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
Hung Sheng Construction Co., Ltd. (TWSE:2534) has split its stock 7 times: a 6-for-5 split on June 26, 1997, a 13-for-10 split on May 22, 1998, a 11-for-10 split on August 6, 2001, a 11-for-10 split on August 10, 2010, a 6-for-5 split on August 14, 2018, a 4-for-5 reverse split on December 16, 2019, and a 4-for-5 reverse split on December 14, 2020.
Hung Sheng Construction Co., Ltd. has split its stock 7 times. This history records 7 splits between June 26, 1997 and December 14, 2020.
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 Sheng Construction Co., Ltd.'s 4-for-5 reverse split on December 14, 2020, 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.
Hung Sheng Construction Co., Ltd. has not announced a new split in our records. Its most recent split was on December 14, 2020, 5 years ago. Companies announce splits in advance, and any new TWSE:2534 split will appear on this page.
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