Nakayama Steel Works,Ltd.

Nakayama Steel Works,Ltd.

TTSE:5408
583.00
JPY
-9.00
(-1.52%)
33.23BMarket Cap
Nov 05Next Earn

Latest Stock Split

Sep 28, 2016

1:10

For every 10 shares held, investors received 1. The price per share adjusted from $67.00 to $670.00.

The split itself did not change the total investment value.

Use this split data in your app

Build with our data

Stock Split History

  1. Sep 28, 2016
    Before$67.00
    Split ratio1:10
    After$670.00
    Reverse
  2. Mar 28, 1989
    Before—
    Split ratio21:20
    After—
    Forward
  3. Sep 26, 1986
    Before—
    Split ratio53:50
    After—
    Forward

About Nakayama Steel Works,Ltd. stock splits

Nakayama Steel Works,Ltd. (TSE:5408) operates in the Steel industry.

Nakayama Steel Works,Ltd. company overview

When did Nakayama Steel Works,Ltd. stock split?

Nakayama Steel Works,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.

What is Nakayama Steel Works,Ltd.'s stock split history?

Nakayama Steel Works,Ltd. (TSE:5408) has split its stock 3 times: a 53-for-50 split on September 26, 1986, a 21-for-20 split on March 28, 1989, and a 1-for-10 reverse split on September 28, 2016.

How many times has Nakayama Steel Works,Ltd. stock split?

Nakayama Steel Works,Ltd. has split its stock 3 times. This history records 3 splits between September 26, 1986 and September 28, 2016.

What is a reverse stock split?

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 Nakayama Steel Works,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.

Will Nakayama Steel Works,Ltd. split its stock again?

Nakayama Steel Works,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:5408 split will appear on this page.