Sep 28, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $354.00 to $1770.00.
The split itself did not change the total investment value.
Fine Sinter Co., Ltd. (TSE:5994) operates in the Metal fabrication industry.
Fine Sinter Co., Ltd. company overviewFine Sinter Co., Ltd.'s most recent stock split was on September 28, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Fine Sinter Co., Ltd. (TSE:5994) has split its stock 2 times: a 11-for-10 split on March 28, 1989 and a 1-for-5 reverse split on September 28, 2016.
Fine Sinter Co., Ltd. has split its stock 2 times. This history records 2 splits between March 28, 1989 and September 28, 2016.
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 Fine Sinter Co., Ltd.'s 1-for-5 reverse split on September 28, 2016, every 5 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.
Fine Sinter 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:5994 split will appear on this page.
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