Sep 26, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $162.00 to $1620.00.
The split itself did not change the total investment value.
Sugai Chemical Industry Co., Ltd. (TSE:4120) operates in the Chemicals: specialty industry.
Sugai Chemical Industry Co., Ltd. company overviewSugai Chemical Industry Co., Ltd.'s most recent stock split was on September 26, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Sugai Chemical Industry Co., Ltd. (TSE:4120) has split its stock 2 times: a 51-for-50 split on December 15, 1989 and a 1-for-10 reverse split on September 26, 2018.
Sugai Chemical Industry Co., Ltd. has split its stock 2 times. This history records 2 splits between December 15, 1989 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 Sugai Chemical Industry Co., Ltd.'s 1-for-10 reverse split on September 26, 2018, 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.
Sugai Chemical Industry 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:4120 split will appear on this page.
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