1. Japan Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
TOKYO ROPE MFG. CO., LTD.

TOKYO ROPE MFG. CO., LTD.

TTSE:5981
1,754.00
JPY
-18.00
(-1.02%)
28.96BMarket Cap
Nov 12Next Earn

Latest Stock Split

Sep 28, 2016

1:10

For every 10 shares held, investors received 1. The price per share adjusted from $166.00 to $1660.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 28, 2016
    Before$166.00
    Split ratio1:10
    After$1660.00
    Reverse
  2. Mar 28, 1989
    Before—
    Split ratio26:25
    After—
    Forward

About TOKYO ROPE MFG. CO., LTD. stock splits

TOKYO ROPE MFG. CO., LTD. (TSE:5981) operates in the Metal fabrication industry.

TOKYO ROPE MFG. CO., LTD. company overview

When did TOKYO ROPE MFG. CO., LTD. stock split?

TOKYO ROPE MFG. CO., 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 TOKYO ROPE MFG. CO., LTD.'s stock split history?

TOKYO ROPE MFG. CO., LTD. (TSE:5981) has split its stock 2 times: a 26-for-25 split on March 28, 1989 and a 1-for-10 reverse split on September 28, 2016.

How many times has TOKYO ROPE MFG. CO., LTD. stock split?

TOKYO ROPE MFG. CO., LTD. has split its stock 2 times. This history records 2 splits between March 28, 1989 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 TOKYO ROPE MFG. CO., 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 TOKYO ROPE MFG. CO., LTD. split its stock again?

TOKYO ROPE MFG. CO., 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:5981 split will appear on this page.