Sep 27, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $229.00 to $2290.00.
The split itself did not change the total investment value.
Chuetsu Pulp & Paper Co., Ltd. (TSE:3877) operates in the Pulp & paper industry.
Chuetsu Pulp & Paper Co., Ltd. company overviewChuetsu Pulp & Paper Co., Ltd.'s most recent stock split was on September 27, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Chuetsu Pulp & Paper Co., Ltd. (TSE:3877) has split its stock 4 times: a 11-for-10 split on December 26, 1985, a 21-for-20 split on December 26, 1986, a 26-for-25 split on December 24, 1987, and a 1-for-10 reverse split on September 27, 2017.
Chuetsu Pulp & Paper Co., Ltd. has split its stock 4 times. This history records 4 splits between December 26, 1985 and September 27, 2017.
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 Chuetsu Pulp & Paper Co., Ltd.'s 1-for-10 reverse split on September 27, 2017, every 10 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.
Chuetsu Pulp & Paper Co., Ltd. has not announced a new split in our records. Its most recent split was on September 27, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:3877 split will appear on this page.
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