Sep 27, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $216.00 to $2160.00.
The split itself did not change the total investment value.
Nippon Yakin Kogyo Co., Ltd. (TSE:5480) operates in the Steel industry.
Nippon Yakin Kogyo Co., Ltd. company overviewNippon Yakin Kogyo Co., Ltd.'s most recent stock split was on September 27, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nippon Yakin Kogyo Co., Ltd. (TSE:5480) has split its stock 3 times: a 11-for-10 split on September 27, 1988, a 1-for-2 reverse split on February 26, 2003, and a 1-for-10 reverse split on September 27, 2019.
Nippon Yakin Kogyo Co., Ltd. has split its stock 3 times. This history records 3 splits between September 27, 1988 and September 27, 2019.
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 Yakin Kogyo Co., Ltd.'s 1-for-10 reverse split on September 27, 2019, 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.
Nippon Yakin Kogyo Co., Ltd. has not announced a new split in our records. Its most recent split was on September 27, 2019, 7 years ago. Companies announce splits in advance, and any new TSE:5480 split will appear on this page.
Already premium?