Sep 26, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $733.00 to $7330.00.
The split itself did not change the total investment value.
Nihon Decoluxe Co., Ltd. (NSEJP:7950) operates in the Forest products industry.
Nihon Decoluxe Co., Ltd. company overviewNihon Decoluxe Co., Ltd.'s most recent stock split was on September 26, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nihon Decoluxe Co., Ltd. (NSEJP:7950) has split its stock 2 times: a 11-for-10 split on March 28, 1989 and a 1-for-10 reverse split on September 26, 2018.
Nihon Decoluxe Co., Ltd. has split its stock 2 times. This history records 2 splits between March 28, 1989 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 Nihon Decoluxe Co., Ltd.'s 1-for-10 reverse split on September 26, 2018, 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.
Nihon Decoluxe 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 NSEJP:7950 split will appear on this page.
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