Sep 29, 2003
3:5
For every 5 shares held, investors received 3.
The split itself did not change the total investment value.
Nabtesco Corporation (TSE:6268) operates in the Industrial machinery industry.
Nabtesco Corporation company overviewNabtesco Corporation's most recent stock split was on September 29, 2003. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
Nabtesco Corporation has split its stock once. This history records one reverse split, on September 29, 2003.
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 Nabtesco Corporation's 3-for-5 reverse split on September 29, 2003, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Nabtesco Corporation has not announced a new split in our records. Its most recent split was on September 29, 2003, 23 years ago. Companies announce splits in advance, and any new TSE:6268 split will appear on this page.
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