Sep 27, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.46 to $14.64.
The split itself did not change the total investment value.
Furukawa Co., Ltd. (GETTEX:FUR) operates in the Industrial machinery industry.
Furukawa Co., Ltd. company overviewFurukawa 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.
Furukawa Co., Ltd. (GETTEX:FUR) has split its stock 2 times: a 103-for-100 split on March 28, 1988 and a 1-for-10 reverse split on September 27, 2017.
Furukawa Co., Ltd. has split its stock 2 times. This history records 2 splits between March 28, 1988 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 Furukawa 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.
Furukawa 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 GETTEX:FUR split will appear on this page.
Already premium?