Apr 06, 2010
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $9.50 to $11.88.
The split itself did not change the total investment value.
China Bills Finance Corporation (TWSE:2820) operates in the Investment banks/Brokers industry.
China Bills Finance Corporation company overviewChina Bills Finance Corporation's most recent stock split was on April 6, 2010. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
China Bills Finance Corporation (TWSE:2820) has split its stock 4 times: a 97-for-79 split on August 6, 1997, a 57-for-50 split on October 12, 1999, a 26-for-25 split on August 8, 2000, and a 4-for-5 reverse split on April 6, 2010.
China Bills Finance Corporation has split its stock 4 times. This history records 4 splits between August 6, 1997 and April 6, 2010.
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 China Bills Finance Corporation's 4-for-5 reverse split on April 6, 2010, 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.
China Bills Finance Corporation has not announced a new split in our records. Its most recent split was on April 6, 2010, 16 years ago. Companies announce splits in advance, and any new TWSE:2820 split will appear on this page.
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