Jun 19, 2007
2:3
For every 3 shares held, investors received 2. The price per share adjusted from $2900.00 to $4350.00.
The split itself did not change the total investment value.
Tovis Co., Ltd. (KRX:051360) operates in the Electronic production equipment industry.
Tovis Co., Ltd. company overviewTovis Co., Ltd.'s most recent stock split was on June 19, 2007. It was a 2-for-3 reverse split, so shareholders received 2 shares for every 3 they held.
Tovis Co., Ltd. has split its stock once. This history records one reverse split, on June 19, 2007.
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 Tovis Co., Ltd.'s 2-for-3 reverse split on June 19, 2007, every 3 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tovis Co., Ltd. has not announced a new split in our records. Its most recent split was on June 19, 2007, 19 years ago. Companies announce splits in advance, and any new KRX:051360 split will appear on this page.
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