Sep 01, 2006
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $193.00 to $1930.00.
The split itself did not change the total investment value.
Toyo Shutter Co., Ltd. (TSE:5936) operates in the Building products industry.
Toyo Shutter Co., Ltd. company overviewToyo Shutter Co., Ltd.'s most recent stock split was on September 1, 2006. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Toyo Shutter Co., Ltd. (TSE:5936) has split its stock 6 times: a 113-for-100 split on March 27, 1987, a 21-for-20 split on March 28, 1989, a 6-for-5 split on March 27, 1990, a 28-for-25 split on March 26, 1991, a 13-for-10 split on March 26, 1993, and a 1-for-10 reverse split on September 1, 2006.
Toyo Shutter Co., Ltd. has split its stock 6 times. This history records 6 splits between March 27, 1987 and September 1, 2006.
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 Toyo Shutter Co., Ltd.'s 1-for-10 reverse split on September 1, 2006, 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.
Toyo Shutter Co., Ltd. has not announced a new split in our records. Its most recent split was on September 1, 2006, 20 years ago. Companies announce splits in advance, and any new TSE:5936 split will appear on this page.
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