Sep 29, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.45 to $14.53.
The split itself did not change the total investment value.
Nippon Light Metal Holdings Co., Ltd. (GETTEX:N9L) operates in the Aluminum industry.
Nippon Light Metal Holdings Co., Ltd. company overviewNippon Light Metal Holdings Co., Ltd.'s most recent stock split was on September 29, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nippon Light Metal Holdings Co., Ltd. has split its stock once. This history records one reverse split, on September 29, 2020.
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 Nippon Light Metal Holdings Co., Ltd.'s 1-for-10 reverse split on September 29, 2020, 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.
Nippon Light Metal Holdings Co., Ltd. has not announced a new split in our records. Its most recent split was on September 29, 2020, 6 years ago. Companies announce splits in advance, and any new GETTEX:N9L split will appear on this page.
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