Tomoegawa Corporation
TTSE:3878Latest Stock Split
Sep 26, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $296.00 to $1480.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Sep 26, 2018Before$296.00Split ratio1:5After$1480.00Reverse
About Tomoegawa Corporation stock splits
Tomoegawa Corporation (TSE:3878) operates in the Pulp & paper industry.
Tomoegawa Corporation company overviewWhen did Tomoegawa Corporation stock split?
Tomoegawa Corporation'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.
How many times has Tomoegawa Corporation stock split?
Tomoegawa Corporation has split its stock once. This history records one reverse split, on September 26, 2018.
What is a reverse stock split?
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 Tomoegawa Corporation'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.
Will Tomoegawa Corporation split its stock again?
Tomoegawa Corporation 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:3878 split will appear on this page.