Sep 25, 2018
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $79.30 to $158.60.
The split itself did not change the total investment value.
Formosa Sumco Technology Corporation (TWSE:3532) operates in the Industrial machinery industry.
Formosa Sumco Technology Corporation company overviewFormosa Sumco Technology Corporation's most recent stock split was on September 25, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Formosa Sumco Technology Corporation (TWSE:3532) has split its stock 3 times: a 229-for-200 split on July 24, 2008, a 21-for-20 split on July 15, 2009, and a 1-for-2 reverse split on September 25, 2018.
Formosa Sumco Technology Corporation has split its stock 3 times. This history records 3 splits between July 24, 2008 and September 25, 2018.
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 Formosa Sumco Technology Corporation's 1-for-2 reverse split on September 25, 2018, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Formosa Sumco Technology Corporation has not announced a new split in our records. Its most recent split was on September 25, 2018, 8 years ago. Companies announce splits in advance, and any new TWSE:3532 split will appear on this page.
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