Apr 24, 2023
611:719
For every 719 shares held, investors received 611. The price per share adjusted from $12.65 to $14.89.
The split itself did not change the total investment value.
CHENG MEI MATERIALS TECHNOLOGY CORPORATION (TWSE:4960) operates in the Electrical products industry.
CHENG MEI MATERIALS TECHNOLOGY CORPORATION company overviewCHENG MEI MATERIALS TECHNOLOGY CORPORATION's most recent stock split was on April 24, 2023. It was a 611-for-719 reverse split, so shareholders received 611 shares for every 719 they held.
CHENG MEI MATERIALS TECHNOLOGY CORPORATION (TWSE:4960) has split its stock 3 times: a 613-for-609 split on August 7, 2012, a 21-for-20 split on August 8, 2014, and a 611-for-719 reverse split on April 24, 2023.
CHENG MEI MATERIALS TECHNOLOGY CORPORATION has split its stock 3 times. This history records 3 splits between August 7, 2012 and April 24, 2023.
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 CHENG MEI MATERIALS TECHNOLOGY CORPORATION's 611-for-719 reverse split on April 24, 2023, every 719 shares became 611 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
CHENG MEI MATERIALS TECHNOLOGY CORPORATION has not announced a new split in our records. Its most recent split was on April 24, 2023, 3 years ago. Companies announce splits in advance, and any new TWSE:4960 split will appear on this page.
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