Mar 09, 2004
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $384.00 to $768.00.
The split itself did not change the total investment value.
Nakano Corporation (TSE:1827) operates in the Engineering & construction industry.
Nakano Corporation company overviewNakano Corporation's most recent stock split was on March 9, 2004. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Nakano Corporation (TSE:1827) has split its stock 2 times: a 11-for-10 split on March 28, 1994 and a 1-for-2 reverse split on March 9, 2004.
Nakano Corporation has split its stock 2 times. This history records 2 splits between March 28, 1994 and March 9, 2004.
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 Nakano Corporation's 1-for-2 reverse split on March 9, 2004, every 2 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.
Nakano Corporation has not announced a new split in our records. Its most recent split was on March 9, 2004, 22 years ago. Companies announce splits in advance, and any new TSE:1827 split will appear on this page.
Already premium?