Sep 26, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $359.00 to $1795.00.
The split itself did not change the total investment value.
Ichikawa Co., Ltd. (TSE:3513) operates in the Industrial machinery industry.
Ichikawa Co., Ltd. company overviewIchikawa Co., Ltd.'s most recent stock split was on September 26, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Ichikawa Co., Ltd. (TSE:3513) has split its stock 3 times: a 53-for-50 split on March 27, 1985, a 51-for-50 split on March 28, 1989, and a 1-for-5 reverse split on September 26, 2018.
Ichikawa Co., Ltd. has split its stock 3 times. This history records 3 splits between March 27, 1985 and September 26, 2018.
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 Ichikawa Co., Ltd.'s 1-for-5 reverse split on September 26, 2018, 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.
Ichikawa Co., Ltd. has not announced a new split in our records. Its most recent split was on September 26, 2018, 8 years ago. Companies announce splits in advance, and any new TSE:3513 split will appear on this page.
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