Sep 28, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $232.00 to $1160.00.
The split itself did not change the total investment value.
Maruo Calcium Co., Ltd. (TSE:4102) operates in the Chemicals: specialty industry.
Maruo Calcium Co., Ltd. company overviewMaruo Calcium Co., Ltd.'s most recent stock split was on September 28, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Maruo Calcium Co., Ltd. has split its stock once. This history records one reverse split, on September 28, 2016.
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 Maruo Calcium Co., Ltd.'s 1-for-5 reverse split on September 28, 2016, 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.
Maruo Calcium Co., Ltd. has not announced a new split in our records. Its most recent split was on September 28, 2016, 10 years ago. Companies announce splits in advance, and any new TSE:4102 split will appear on this page.
Already premium?