Sep 25, 1996
6:5
For every 5 shares held, investors received 6.
The split itself did not change the total investment value.
Dainichi Co., Ltd. (TSE:5951) operates in the Industrial machinery industry.
Dainichi Co., Ltd. company overviewDainichi Co., Ltd.'s most recent stock split was on September 25, 1996. It was a 6-for-5 forward split, so shareholders received 6 shares for every 5 they held.
Dainichi Co., Ltd. (TSE:5951) has split its stock 4 times: a 13-for-10 split on March 26, 1991, a 6-for-5 split on March 28, 1995, a 6-for-5 split on March 26, 1996, and a 6-for-5 split on September 25, 1996.
Dainichi Co., Ltd. has split its stock 4 times. This history records 4 forward splits between March 26, 1991 and September 25, 1996.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Dainichi Co., Ltd.'s 6-for-5 split on September 25, 1996, every 5 shares became 6 shares.
Dainichi Co., Ltd. has not announced a new split in our records. Its most recent split was on September 25, 1996, 30 years ago. Companies announce splits in advance, and any new TSE:5951 split will appear on this page.
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