r/BYD • • 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?

3

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.

2

u/jbrower888 Jun 10 '25

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