Sep 26, 2018
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $1535.00 to $3070.00.
The split itself did not change the total investment value.
Mitsuboshi Belting Ltd. (TSE:5192) operates in the Auto parts: OEM industry.
Mitsuboshi Belting Ltd. company overviewMitsuboshi Belting Ltd.'s most recent stock split was on September 26, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Mitsuboshi Belting Ltd. (TSE:5192) has split its stock 2 times: a 11-for-10 split on March 27, 1986 and a 1-for-2 reverse split on September 26, 2018.
Mitsuboshi Belting Ltd. has split its stock 2 times. This history records 2 splits between March 27, 1986 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 Mitsuboshi Belting Ltd.'s 1-for-2 reverse split on September 26, 2018, every 2 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.
Mitsuboshi Belting 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:5192 split will appear on this page.
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