Apr 05, 2017
2:1
For every share held, investors received 2. The price per share adjusted from $71.30 to $35.65.
The split itself did not change the total investment value.
Makita Corporation (OTC:MKTAY) operates in the Tools & hardware industry.
Makita Corporation company overviewMakita Corporation's most recent stock split was on April 5, 2017. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Makita Corporation (OTC:MKTAY) has split its stock 10 times: a 11-for-10 split on February 14, 1977, a 11-for-10 split on August 13, 1979, a 11-for-10 split on August 13, 1980, a 11-for-10 split on February 18, 1981, a 11-for-10 split on February 17, 1982, a 11-for-10 split on February 17, 1984, a 21-for-20 split on February 18, 1987, a 11-for-10 split on March 23, 1990, a 5-for-1 split on April 1, 1991, and a 2-for-1 split on April 5, 2017.
Makita Corporation has split its stock 10 times. This history records 10 forward splits between February 14, 1977 and April 5, 2017.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Makita Corporation's 2-for-1 split on April 5, 2017, every share became 2 shares.
Makita Corporation has not announced a new split in our records. Its most recent split was on April 5, 2017, 9 years ago. Companies announce splits in advance, and any new OTC:MKTAY split will appear on this page.
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