Showa Manufacturing Co., Ltd.

Showa Manufacturing Co., Ltd.

FFSE:5953
6,850.00
JPY
0.00
(0.00%)
Nov 09Next Earn

Latest Stock Split

Sep 27, 2017

1:10

For every 10 shares held, investors received 1. The price per share adjusted from $225.00 to $2250.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 27, 2017
    Before$225.00
    Split ratio1:10
    After$2250.00
    Reverse
  2. Mar 26, 1991
    Before—
    Split ratio23:20
    After—
    Forward

About Showa Manufacturing Co., Ltd. stock splits

Showa Manufacturing Co., Ltd. (FSE:5953) operates in the Industrial machinery industry.

Showa Manufacturing Co., Ltd. company overview

When did Showa Manufacturing Co., Ltd. stock split?

Showa Manufacturing Co., Ltd.'s most recent stock split was on September 27, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

What is Showa Manufacturing Co., Ltd.'s stock split history?

Showa Manufacturing Co., Ltd. (FSE:5953) has split its stock 2 times: a 23-for-20 split on March 26, 1991 and a 1-for-10 reverse split on September 27, 2017.

How many times has Showa Manufacturing Co., Ltd. stock split?

Showa Manufacturing Co., Ltd. has split its stock 2 times. This history records 2 splits between March 26, 1991 and September 27, 2017.

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 Showa Manufacturing Co., Ltd.'s 1-for-10 reverse split on September 27, 2017, every 10 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 Showa Manufacturing Co., Ltd. split its stock again?

Showa Manufacturing Co., Ltd. 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 FSE:5953 split will appear on this page.