Mar 30, 2023
3:1
For every share held, investors received 3. The price per share adjusted from $77.90 to $25.97.
The split itself did not change the total investment value.
Rinnai Corporation (OTC:RINIF) operates in the Building products industry.
Rinnai Corporation company overviewRinnai Corporation's most recent stock split was on March 30, 2023. It was a 3-for-1 forward split, so shareholders received 3 shares for every share they held.
Rinnai Corporation (OTC:RINIF) has split its stock 4 times: a 21-for-20 split on March 27, 1985, a 21-for-20 split on September 25, 1991, a 11-for-10 split on September 27, 1994, and a 3-for-1 split on March 30, 2023.
Rinnai Corporation has split its stock 4 times. This history records 4 forward splits between March 27, 1985 and March 30, 2023.
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 Rinnai Corporation's 3-for-1 split on March 30, 2023, every share became 3 shares.
Rinnai Corporation has not announced a new split in our records. Its most recent split was on March 30, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:RINIF split will appear on this page.
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