Marudai Food Co., Ltd.

Marudai Food Co., Ltd.

12.40
EUR
+0.20
(+1.64%)
298.73MMarket Cap
Nov 09Next Earn

Latest Stock Split

Sep 26, 2018

1:5

For every 5 shares held, investors received 1. The price per share adjusted from $3.48 to $17.40.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 26, 2018
    Before$3.48
    Split ratio1:5
    After$17.40
    Reverse

About Marudai Food Co., Ltd. stock splits

Marudai Food Co., Ltd. (FRA:MFL1) operates in the Food: meat/fish/dairy industry.

Marudai Food Co., Ltd. company overview

When did Marudai Food Co., Ltd. stock split?

Marudai Food Co., Ltd.'s most recent stock split was on September 26, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

How many times has Marudai Food Co., Ltd. stock split?

Marudai Food Co., Ltd. has split its stock once. This history records one reverse split, on September 26, 2018.

What is a reverse stock split?

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 Marudai Food Co., Ltd.'s 1-for-5 reverse split on September 26, 2018, 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.

Will Marudai Food Co., Ltd. split its stock again?

Marudai Food Co., Ltd. has not announced a new split in our records. Its most recent split was on September 26, 2018, 8 years ago. Companies announce splits in advance, and any new FRA:MFL1 split will appear on this page.