Sep 08, 2017
4:5
For every 5 shares held, investors received 4. The price per share adjusted from $21.00 to $26.25.
The split itself did not change the total investment value.
AV Tech Corporation (TWSE:8072) operates in the Telecommunications equipment industry.
AV Tech Corporation company overviewAV Tech Corporation's most recent stock split was on September 8, 2017. It was a 4-for-5 reverse split, so shareholders received 4 shares for every 5 they held.
AV Tech Corporation (TWSE:8072) has split its stock 6 times: a 53-for-40 split on July 22, 2004, a 1061-for-922 split on August 24, 2005, a 23-for-20 split on August 25, 2006, a 27-for-25 split on August 30, 2007, a 221-for-200 split on August 7, 2008, and a 4-for-5 reverse split on September 8, 2017.
AV Tech Corporation has split its stock 6 times. This history records 6 splits between July 22, 2004 and September 8, 2017.
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 AV Tech Corporation's 4-for-5 reverse split on September 8, 2017, 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.
AV Tech Corporation has not announced a new split in our records. Its most recent split was on September 8, 2017, 9 years ago. Companies announce splits in advance, and any new TWSE:8072 split will appear on this page.
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