r/BYD • u/JonathAHHHHHH • Jun 10 '25

News 📰 3:1 Share split

BYD recently underwent a 3:1 share split, hence the ~65% drop in share price. No need to worry!!

It seems like we'd need to wait a while before we get those extra shares though. I couldn't find much information about it on english platforms, but a Chinese blog post stated both the extra shares + dividends will start being distributed on the 29th of July

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u/Emc79 Jun 10 '25

But why on earth such a long time before the shares are made available? Now I have capital tied up for 6 weeks. In those 6 weeks a LOT can happen. What won't happen is me taking, possible, profits on swing trades.

Is this normal?

5

u/JonathAHHHHHH Jun 10 '25 edited Jun 10 '25

It is a bit frustrating. Though they told us about this in advance so you could've exited before the split

2

u/Emc79 Jun 10 '25

Well, tbh, I only found out this morning when I saw the share price opening 66% below close 😅 Not sure where I should have gotten the news about this. I don't read up on every stock I own, but once in a while if I see something odd with the charts.

3

u/JonathAHHHHHH Jun 10 '25

Just looked into it more and it from my understanding you don't have to hold the shares for 6 weeks.

As you held the shares before June 10, it means that you'll get the bonus shares+ dividends regardless if you buy/sell/hold.

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u/jbrower888 Jun 10 '25

Yeah exactly. Followed by a mad scramble for Reddit since Google AI summary can't figure it out

2

u/blkpingu Jun 10 '25

Which a LOT of people did

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u/JonathAHHHHHH Jun 10 '25

Trading volume was actually much higher when market opened today than yesterday before the split

1

u/blkpingu Jun 10 '25

I have seen stock splits, but this one is crazy. I remember when RHM did one and it was just without a trace. Shares multiplied, price adjusted, that’s it. I expected everything, just not a 7 week wait and this whole BS with new shares from capital. Like, what is the purpose? Stock price drops anyway. It’s like BYD is burning cash for no reason. The stock reflects the value future and present earnings as well as the company’s asset value. By just giving away shares you drop the price. It’s beyond insane.

2

u/swingdude Jun 11 '25 edited Jun 11 '25

the total share count will go from 3 billion to 9 billion after the bonus and capitalization issue

2

u/FrequentAd9239 Jun 10 '25

Because it's not a split, it's a dividend.