Jun 27, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $523.00 to $2615.00.
The split itself did not change the total investment value.
Okura Industrial Co., Ltd. (TSE:4221) operates in the Chemicals: specialty industry.
Okura Industrial Co., Ltd. company overviewOkura Industrial Co., Ltd.'s most recent stock split was on June 27, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Okura Industrial Co., Ltd. (TSE:4221) has split its stock 2 times: a 11-for-10 split on December 25, 1990 and a 1-for-5 reverse split on June 27, 2018.
Okura Industrial Co., Ltd. has split its stock 2 times. This history records 2 splits between December 25, 1990 and June 27, 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 Okura Industrial Co., Ltd.'s 1-for-5 reverse split on June 27, 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.
Okura Industrial Co., Ltd. has not announced a new split in our records. Its most recent split was on June 27, 2018, 8 years ago. Companies announce splits in advance, and any new TSE:4221 split will appear on this page.
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