Nov 01, 2006
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $116.00 to $1160.00.
The split itself did not change the total investment value.
MediciNova, Inc. (TSE:4875) operates in the Pharmaceuticals: major industry.
MediciNova, Inc. company overviewMediciNova, Inc.'s most recent stock split was on November 1, 2006. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
MediciNova, Inc. has split its stock once. This history records one reverse split, on November 1, 2006.
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 MediciNova, Inc.'s 1-for-10 reverse split on November 1, 2006, 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.
MediciNova, Inc. has not announced a new split in our records. Its most recent split was on November 1, 2006, 19 years ago. Companies announce splits in advance, and any new TSE:4875 split will appear on this page.