Sep 28, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $286.00 to $2860.00.
The split itself did not change the total investment value.
Fuso Pharmaceutical Industries,Ltd. (TSE:4538) operates in the Pharmaceuticals: major industry.
Fuso Pharmaceutical Industries,Ltd. company overviewFuso Pharmaceutical Industries,Ltd.'s most recent stock split was on September 28, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Fuso Pharmaceutical Industries,Ltd. (TSE:4538) has split its stock 9 times: a 11-for-10 split on March 27, 1985, a 11-for-10 split on March 27, 1986, a 11-for-10 split on March 27, 1987, a 11-for-10 split on March 28, 1988, a 11-for-10 split on March 28, 1989, a 11-for-10 split on March 27, 1990, a 11-for-10 split on March 26, 1991, a 11-for-10 split on March 26, 1992, and a 1-for-10 reverse split on September 28, 2016.
Fuso Pharmaceutical Industries,Ltd. has split its stock 9 times. This history records 9 splits between March 27, 1985 and 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 Fuso Pharmaceutical Industries,Ltd.'s 1-for-10 reverse split on September 28, 2016, 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.
Fuso Pharmaceutical Industries,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:4538 split will appear on this page.
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