Sep 26, 2012
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $61.00 to $244.00.
The split itself did not change the total investment value.
Nittoc Construction Co., Ltd. (TSE:1929) operates in the Engineering & construction industry.
Nittoc Construction Co., Ltd. company overviewNittoc Construction Co., Ltd.'s most recent stock split was on September 26, 2012. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Nittoc Construction Co., Ltd. (TSE:1929) has split its stock 2 times: a 11-for-10 split on March 27, 1990 and a 1-for-4 reverse split on September 26, 2012.
Nittoc Construction Co., Ltd. has split its stock 2 times. This history records 2 splits between March 27, 1990 and September 26, 2012.
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 Nittoc Construction Co., Ltd.'s 1-for-4 reverse split on September 26, 2012, every 4 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.
Nittoc Construction Co., Ltd. has not announced a new split in our records. Its most recent split was on September 26, 2012, 14 years ago. Companies announce splits in advance, and any new TSE:1929 split will appear on this page.
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