Apr 01, 2024
83:97
For every 97 shares held, investors received 83. The price per share adjusted from $28.20 to $32.96.
The split itself did not change the total investment value.
Bestec Power Electronics Co., Ltd (TWSE:3308) operates in the Electrical products industry.
Bestec Power Electronics Co., Ltd company overviewBestec Power Electronics Co., Ltd's most recent stock split was on April 1, 2024. It was a 83-for-97 reverse split, so shareholders received 83 shares for every 97 they held.
Bestec Power Electronics Co., Ltd (TWSE:3308) has split its stock 6 times: a 6-for-5 split on July 26, 2005, a 925-for-881 split on September 30, 2008, a 532-for-517 split on August 31, 2010, a 359-for-502 reverse split on January 6, 2022, a 249-for-251 reverse split on December 11, 2023, and a 83-for-97 reverse split on April 1, 2024.
Bestec Power Electronics Co., Ltd has split its stock 6 times. This history records 6 splits between July 26, 2005 and April 1, 2024.
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 Bestec Power Electronics Co., Ltd's 83-for-97 reverse split on April 1, 2024, every 97 shares became 83 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Bestec Power Electronics Co., Ltd has not announced a new split in our records. Its most recent split was on April 1, 2024, 2 years ago. Companies announce splits in advance, and any new TWSE:3308 split will appear on this page.
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