Jul 18, 2016
7:10
For every 10 shares held, investors received 7. The price per share adjusted from $8.69 to $12.41.
The split itself did not change the total investment value.
Inventec Besta Co., Ltd. (TWSE:8201) operates in the Computer peripherals industry.
Inventec Besta Co., Ltd. company overviewInventec Besta Co., Ltd.'s most recent stock split was on July 18, 2016. It was a 7-for-10 reverse split, so shareholders received 7 shares for every 10 they held.
Inventec Besta Co., Ltd. (TWSE:8201) has split its stock 6 times: a 11-for-10 split on June 22, 2007, a 21-for-20 split on August 7, 2008, a 11-for-10 split on July 15, 2009, a 21-for-20 split on July 15, 2010, a 21-for-20 split on July 13, 2011, and a 7-for-10 reverse split on July 18, 2016.
Inventec Besta Co., Ltd. has split its stock 6 times. This history records 6 splits between June 22, 2007 and July 18, 2016.
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 Inventec Besta Co., Ltd.'s 7-for-10 reverse split on July 18, 2016, every 10 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Inventec Besta Co., Ltd. has not announced a new split in our records. Its most recent split was on July 18, 2016, 10 years ago. Companies announce splits in advance, and any new TWSE:8201 split will appear on this page.
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