Sep 28, 2015
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $1744.00 to $3488.00.
The split itself did not change the total investment value.
TOTO Ltd (TSE:5332) operates in the Building products industry.
TOTO Ltd company overviewTOTO Ltd's most recent stock split was on September 28, 2015. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
TOTO Ltd (TSE:5332) has split its stock 4 times: a 11-for-10 split on May 27, 1988, a 21-for-20 split on March 27, 1990, a 11-for-10 split on March 26, 1997, and a 1-for-2 reverse split on September 28, 2015.
TOTO Ltd has split its stock 4 times. This history records 4 splits between May 27, 1988 and September 28, 2015.
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 TOTO Ltd's 1-for-2 reverse split on September 28, 2015, 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.
TOTO Ltd has not announced a new split in our records. Its most recent split was on September 28, 2015, 11 years ago. Companies announce splits in advance, and any new TSE:5332 split will appear on this page.
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