A stock split is a division of stock that increases the number of shares issued as stipulated in Article 183 of the Corporation Law.
Although a stock split increases the number of shares issued, there is no change in net assets or capital. As a result, the price per share declines. The lower price makes the stock easier to buy and sell, which raises the stock's liquidity.
Stock Splits (Excel: 14KB)
|2000/5||Split-ups of Stocks||1:1.5|
|1994/5||Split-ups of Stocks||1:1.2|
|1993/5||Split-ups of Stocks||1:1.5|
|1992/5||Split-ups of Stocks||1:1.4|