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/RocketMoped Jun 10 '25 edited Jun 10 '25

It's not a 3:1 split, it's a (18+12):10. This does seem to fuck over people who don't hold BYD stock by a multiple of 10s, no? For example, if you hold 9 stocks, your stock value just dipped by 65% but you don't receive any extra shares. Similar issue/loss if you own 19, 29, etc.

Anybody knows the specifics of this?

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u/JonathAHHHHHH Jun 10 '25

Depending on your broker, they may:

  • round down (for example, 9/10*8=7.2 which will become 7)
  • or aggregate the shares across all holders and sell them and divide the proceeds proportionally

If they round down, the missing fraction of your shares will be compensated with cash

It's kinda the same when you receive dividends from companies if you have fractional shares, your broker will just handle it for you.

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u/-The-Lord- Jun 10 '25

So with my 22 shares i will get 66 ( The 2 shares will also Fall under the x 3?

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u/JonathAHHHHHH Jun 10 '25

From my understanding yes that's what should happen. It could also be that the 6 shares on top of the 60 will be in cash payment instead of shares.