Jul 30, 2013
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $64.00 to $640.00.
The split itself did not change the total investment value.
Howa Machinery, Ltd. (NSEJP:6203) operates in the Industrial machinery industry.
Howa Machinery, Ltd. company overviewHowa Machinery, Ltd.'s most recent stock split was on July 30, 2013. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Howa Machinery, Ltd. has split its stock once. This history records one reverse split, on July 30, 2013.
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 Howa Machinery, Ltd.'s 1-for-10 reverse split on July 30, 2013, 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.
Howa Machinery, Ltd. has not announced a new split in our records. Its most recent split was on July 30, 2013, 13 years ago. Companies announce splits in advance, and any new NSEJP:6203 split will appear on this page.
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