Sep 10, 2008
387:865
For every 865 shares held, investors received 387. The price per share adjusted from $5.49 to $12.27.
The split itself did not change the total investment value.
Entie Commercial Bank (TWSE:2849) operates in the Regional banks industry.
Entie Commercial Bank company overviewEntie Commercial Bank's most recent stock split was on September 10, 2008. It was a 387-for-865 reverse split, so shareholders received 387 shares for every 865 they held.
Entie Commercial Bank (TWSE:2849) has split its stock 3 times: a 53-for-50 split on June 26, 1998, a 26-for-25 split on September 8, 2000, and a 387-for-865 reverse split on September 10, 2008.
Entie Commercial Bank has split its stock 3 times. This history records 3 splits between June 26, 1998 and September 10, 2008.
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 Entie Commercial Bank's 387-for-865 reverse split on September 10, 2008, every 865 shares became 387 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Entie Commercial Bank has not announced a new split in our records. Its most recent split was on September 10, 2008, 18 years ago. Companies announce splits in advance, and any new TWSE:2849 split will appear on this page.
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