Oct 01, 2008
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Sumiseki Holdings, Inc. (TSE:1514) operates in the Wholesale distributors industry.
Sumiseki Holdings, Inc. company overviewSumiseki Holdings, Inc.'s most recent stock split was on October 1, 2008. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Sumiseki Holdings, Inc. has split its stock once. This history records one reverse split, on October 1, 2008.
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 Sumiseki Holdings, Inc.'s 1-for-5 reverse split on October 1, 2008, every 5 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.
Sumiseki Holdings, Inc. has not announced a new split in our records. Its most recent split was on October 1, 2008, 18 years ago. Companies announce splits in advance, and any new TSE:1514 split will appear on this page.
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