Sep 27, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $2.39 to $23.90.
The split itself did not change the total investment value.
UBE Corporation (GETTEX:UBE) operates in the Chemicals: specialty industry.
UBE Corporation company overviewUBE Corporation'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.
UBE Corporation (GETTEX:UBE) has split its stock 3 times: a 51-for-50 split on March 27, 1985, a 51-for-50 split on March 27, 1986, and a 1-for-10 reverse split on September 27, 2017.
UBE Corporation has split its stock 3 times. This history records 3 splits between March 27, 1985 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 UBE Corporation'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.
UBE Corporation 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:UBE split will appear on this page.
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