Sep 27, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $289.00 to $2890.00.
The split itself did not change the total investment value.
Mitsubishi Steel Mfg.Co., Ltd. (TSE:5632) operates in the Steel industry.
Mitsubishi Steel Mfg.Co., Ltd. company overviewMitsubishi Steel Mfg.Co., Ltd.'s most recent stock split was on September 27, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mitsubishi Steel Mfg.Co., Ltd. has split its stock once. This history records one reverse split, on September 27, 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 Mitsubishi Steel Mfg.Co., Ltd.'s 1-for-10 reverse split on September 27, 2017, 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.
Mitsubishi Steel Mfg.Co., Ltd. has not announced a new split in our records. Its most recent split was on September 27, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:5632 split will appear on this page.
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