Jun 28, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $827.00 to $4135.00.
The split itself did not change the total investment value.
Nippon Electric Glass Co., Ltd. (TSE:5214) operates in the Electronic production equipment industry.
Nippon Electric Glass Co., Ltd. company overviewNippon Electric Glass Co., Ltd.'s most recent stock split was on June 28, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Nippon Electric Glass Co., Ltd. (TSE:5214) has split its stock 5 times: a 6-for-5 split on March 27, 1985, a 11-for-10 split on March 28, 1995, a 2-for-1 split on January 17, 2005, a 3-for-2 split on March 27, 2007, and a 1-for-5 reverse split on June 28, 2017.
Nippon Electric Glass Co., Ltd. has split its stock 5 times. This history records 5 splits between March 27, 1985 and June 28, 2017.
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 Electric Glass Co., Ltd.'s 1-for-5 reverse split on June 28, 2017, 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.
Nippon Electric Glass Co., Ltd. has not announced a new split in our records. Its most recent split was on June 28, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:5214 split will appear on this page.
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