Sep 28, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $431.00 to $4310.00.
The split itself did not change the total investment value.
Nippon Chemiphar Co., Ltd. (TSE:4539) operates in the Pharmaceuticals: major industry.
Nippon Chemiphar Co., Ltd. company overviewNippon Chemiphar Co., 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.
Nippon Chemiphar Co., Ltd. (TSE:4539) has split its stock 2 times: a 11-for-10 split on September 26, 1987 and a 1-for-10 reverse split on September 28, 2016.
Nippon Chemiphar Co., Ltd. has split its stock 2 times. This history records 2 splits between September 26, 1987 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 Nippon Chemiphar Co., 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.
Nippon Chemiphar 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:4539 split will appear on this page.
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