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Top Glove Corporation Bhd
KLSE:TOPGLOV

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Top Glove Corporation Bhd
KLSE:TOPGLOV
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Price: 0.75 MYR 4.9% Market Closed
Market Cap: 6.2B MYR

TOPGLOV's latest stock split occurred on Sep 3, 2020

The company executed a 959692-for-319897 stock split, meaning that for every 319897 shares held, investors received 959692 new shares.

Before the split, TOPGLOV traded at 26.08 per share. Afterward, the share price was about 7.3622.

The adjusted shares began trading on Sep 3, 2020. This was TOPGLOV's 8th stock split, following the previous one in Oct 24, 2018.

Last Splits:
Sep 3, 2020
959692-for-319897
Oct 24, 2018
2-for-1
Jan 21, 2016
2-for-1
Jul 16, 2010
2-for-1
Jan 29, 2007
7-for-5
Pre-Split Price
7.6466 26.08
Post-Split Price
7.3622
Before
After
Last Splits:
Sep 3, 2020
959692-for-319897
Oct 24, 2018
2-for-1
Jan 21, 2016
2-for-1
Jul 16, 2010
2-for-1
Jan 29, 2007
7-for-5

Top Glove Corporation Bhd
Stock Splits History

TOPGLOV Stock Splits Timeline
Sep 3, 2020
Sep 3, 2020
Split 959692-for-319897
x3.0000031260062
Pre-Split Price
7.6466 26.08
Post-Split Price
7.3622
Before
After
Oct 24, 2018
Oct 24, 2018
Split 2-for-1
x2
Pre-Split Price
1.6318 11.4999
Post-Split Price
1.6063
Before
After
Jan 21, 2016
Jan 21, 2016
Split 2-for-1
x2
Pre-Split Price
0.9191 13.68
Post-Split Price
0.907
Before
After
Jul 16, 2010
Jul 16, 2010
Split 2-for-1
x2
Pre-Split Price
N/A
Post-Split Price
0.3117
Before
After
Jan 29, 2007
Jan 29, 2007
Split 7-for-5
x1.4
Pre-Split Price
N/A
Post-Split Price
0.3117
Before
After
Jan 31, 2005
Jan 31, 2005
Split 2-for-1
x2
Pre-Split Price
N/A
Post-Split Price
0.3117
Before
After
Mar 20, 2003
Mar 20, 2003
Split 7-for-5
x1.4
Pre-Split Price
N/A
Post-Split Price
0.3117
Before
After
Mar 20, 2002
Mar 20, 2002
Split 13-for-10
x1.3
Pre-Split Price
N/A
Post-Split Price
0.3117
Before
After

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Top Glove Corporation Bhd
Glance View

Nestled in the bustling industrial landscape of Malaysia, Top Glove Corporation Bhd has emerged as a pivotal player in the global healthcare supply chain. Founded in 1991 by Tan Sri Dr. Lim Wee Chai, what began as a modest enterprise with a singular production line has transformed into the world's largest manufacturer of gloves. The company’s remarkable journey is powered by its commitment to innovation, stringent quality control, and a relentless drive to expand its production capacity. With operations spanning several countries, Top Glove’s manufacturing capabilities cater to a variety of glove types, including latex, nitrile, and vinyl, addressing the diverse needs of healthcare professionals across the globe. Top Glove operates on a high-volume, low-margin business model, allowing it to thrive in an industry that demands both reliability and cost-effectiveness. The company generates revenue by selling its products to an extensive network of distributors, healthcare institutions, and retailers worldwide. Its strategic approach to cost management and supply chain efficiency enables Top Glove to maintain competitive pricing while ensuring significant profit margins. By continuously investing in technology upgrades and expanding its production facilities, Top Glove ensures it remains at the forefront of the glove manufacturing sector, adeptly navigating the vicissitudes of global health trends and economic cycles.

TOPGLOV Intrinsic Value
0.76 MYR
Undervaluation 1%
Intrinsic Value
Price MYR0.75
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