Sep 27, 2017
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Sumitomo Heavy Industries, Ltd. (HAM:SSM1) operates in the Industrial machinery industry.
Sumitomo Heavy Industries, Ltd. company overviewSumitomo Heavy Industries, Ltd.'s most recent stock split was on September 27, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Sumitomo Heavy Industries, Ltd. (HAM:SSM1) has split its stock 2 times: a 26-for-25 split on March 27, 1990 and a 1-for-5 reverse split on September 27, 2017.
Sumitomo Heavy Industries, Ltd. has split its stock 2 times. This history records 2 splits between March 27, 1990 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 Sumitomo Heavy Industries, Ltd.'s 1-for-5 reverse split on September 27, 2017, 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.
Sumitomo Heavy Industries, 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 HAM:SSM1 split will appear on this page.
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