Sep 26, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $2.84 to $14.20.
The split itself did not change the total investment value.
Meidensha Corporation (GETTEX:MW7) operates in the Electrical products industry.
Meidensha Corporation company overviewMeidensha Corporation'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.
Meidensha Corporation (GETTEX:MW7) has split its stock 2 times: a 21-for-20 split on March 27, 1987 and a 1-for-5 reverse split on September 26, 2018.
Meidensha Corporation has split its stock 2 times. This history records 2 splits between March 27, 1987 and September 26, 2018.
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 Meidensha Corporation'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.
Meidensha Corporation 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 GETTEX:MW7 split will appear on this page.
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