Jun 29, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $310.00 to $1550.00.
The split itself did not change the total investment value.
Dynapac Co., Ltd. (TSE:3947) operates in the Containers/Packaging industry.
Dynapac Co., Ltd. company overviewDynapac Co., Ltd.'s most recent stock split was on June 29, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Dynapac Co., Ltd. (TSE:3947) has split its stock 5 times: a 11-for-10 split on December 26, 1986, a 21-for-20 split on December 24, 1987, a 21-for-20 split on December 27, 1993, a 21-for-20 split on December 25, 1996, and a 1-for-5 reverse split on June 29, 2017.
Dynapac Co., Ltd. has split its stock 5 times. This history records 5 splits between December 26, 1986 and June 29, 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 Dynapac Co., Ltd.'s 1-for-5 reverse split on June 29, 2017, 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.
Dynapac Co., Ltd. has not announced a new split in our records. Its most recent split was on June 29, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:3947 split will appear on this page.
Already premium?