Sep 27, 2017
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Toyo Engineering Corporation (DUS:6AE) operates in the Oilfield services/Equipment industry.
Toyo Engineering Corporation company overviewToyo Engineering Corporation's most recent stock split was on September 27, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Toyo Engineering Corporation (DUS:6AE) has split its stock 3 times: a 11-for-10 split on March 26, 1991, a 11-for-10 split on March 26, 1993, and a 1-for-5 reverse split on September 27, 2017.
Toyo Engineering Corporation has split its stock 3 times. This history records 3 splits between March 26, 1991 and September 27, 2017.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Toyo Engineering Corporation's 1-for-5 reverse split on September 27, 2017, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Toyo Engineering Corporation has not announced a new split in our records. Its most recent split was on September 27, 2017, 9 years ago. Companies announce splits in advance, and any new DUS:6AE split will appear on this page.
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