Oct 26, 1987
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $16.50 to $15.00.
The split itself did not change the total investment value.
Richardson Electronics, Ltd. (NASDAQ:RELL) operates in the Electronic production equipment industry.
Richardson Electronics, Ltd. company overviewRichardson Electronics, Ltd.'s most recent stock split was on October 26, 1987. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Richardson Electronics, Ltd. (NASDAQ:RELL) has split its stock 3 times: a 3-for-2 split on June 3, 1985, a 3-for-2 split on May 6, 1986, and a 11-for-10 split on October 26, 1987.
Richardson Electronics, Ltd. has split its stock 3 times. This history records 3 forward splits between June 3, 1985 and October 26, 1987.
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 Richardson Electronics, Ltd.'s 11-for-10 split on October 26, 1987, every 10 shares became 11 shares.
Richardson Electronics, Ltd. has not announced a new split in our records. Its most recent split was on October 26, 1987, 38 years ago. Companies announce splits in advance, and any new NASDAQ:RELL split will appear on this page.