Sep 26, 2018
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Sanken Electric Co., Ltd. (GETTEX:XSK) operates in the Semiconductors industry.
Sanken Electric Co., Ltd. company overviewSanken Electric Co., Ltd.'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.
Sanken Electric Co., Ltd. (GETTEX:XSK) has split its stock 6 times: a 6-for-5 split on March 27, 1985, a 11-for-10 split on September 26, 1985, a 11-for-10 split on March 27, 1986, a 11-for-10 split on September 26, 1986, a 21-for-20 split on March 27, 1987, and a 1-for-5 reverse split on September 26, 2018.
Sanken Electric Co., Ltd. has split its stock 6 times. This history records 6 splits between March 27, 1985 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 Sanken Electric Co., Ltd.'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.
Sanken Electric Co., Ltd. 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:XSK split will appear on this page.
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