Oct 07, 2016
77:100
For every 100 shares held, investors received 77. The price per share adjusted from $24.00 to $31.17.
The split itself did not change the total investment value.
Chinese Maritime Transport Ltd. (TWSE:2612) operates in the Marine shipping industry.
Chinese Maritime Transport Ltd. company overviewChinese Maritime Transport Ltd.'s most recent stock split was on October 7, 2016. It was a 77-for-100 reverse split, so shareholders received 77 shares for every 100 they held.
Chinese Maritime Transport Ltd. (TWSE:2612) has split its stock 8 times: a 28-for-25 split on July 9, 1997, a 63-for-50 split on July 22, 1998, a 111-for-100 split on July 22, 1999, a 11-for-10 split on August 18, 2000, a 21-for-20 split on August 17, 2005, a 11-for-10 split on July 31, 2006, a 11-for-10 split on September 7, 2007, and a 77-for-100 reverse split on October 7, 2016.
Chinese Maritime Transport Ltd. has split its stock 8 times. This history records 8 splits between July 9, 1997 and October 7, 2016.
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 Chinese Maritime Transport Ltd.'s 77-for-100 reverse split on October 7, 2016, every 100 shares became 77 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Chinese Maritime Transport Ltd. has not announced a new split in our records. Its most recent split was on October 7, 2016, 10 years ago. Companies announce splits in advance, and any new TWSE:2612 split will appear on this page.
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