Meidensha Corporation

Meidensha Corporation

9,870.00
JPY
-40.00
(-0.40%)
340.23BMarket Cap
Oct 30Next Earn

Latest Stock Split

Sep 26, 2018

1:5

For every 5 shares held, investors received 1. The price per share adjusted from $385.00 to $1925.00.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 26, 2018
    Before$385.00
    Split ratio1:5
    After$1925.00
    Reverse
  2. Mar 27, 1987
    Before—
    Split ratio21:20
    After—
    Forward

About Meidensha Corporation stock splits

Meidensha Corporation (TSE:6508) operates in the Electrical products industry.

Meidensha Corporation company overview

When did Meidensha Corporation stock split?

Meidensha Corporation's most recent stock split was on September 26, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

What is Meidensha Corporation's stock split history?

Meidensha Corporation (TSE:6508) has split its stock 2 times: a 21-for-20 split on March 27, 1987 and a 1-for-5 reverse split on September 26, 2018.

How many times has Meidensha Corporation stock split?

Meidensha Corporation has split its stock 2 times. This history records 2 splits between March 27, 1987 and September 26, 2018.

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 Meidensha Corporation's 1-for-5 reverse split on September 26, 2018, 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.

Will Meidensha Corporation split its stock again?

Meidensha Corporation has not announced a new split in our records. Its most recent split was on September 26, 2018, 8 years ago. Companies announce splits in advance, and any new TSE:6508 split will appear on this page.