Sep 26, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $37.00 to $370.00.
The split itself did not change the total investment value.
TEAC CORPORATION (TSE:6803) operates in the Electronics/Appliances industry.
TEAC CORPORATION company overviewTEAC CORPORATION's most recent stock split was on September 26, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
TEAC CORPORATION (TSE:6803) has split its stock 3 times: a 11-for-10 split on March 28, 1988, a 111-for-100 split on March 27, 1990, and a 1-for-10 reverse split on September 26, 2018.
TEAC CORPORATION has split its stock 3 times. This history records 3 splits between March 28, 1988 and September 26, 2018.
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 TEAC CORPORATION's 1-for-10 reverse split on September 26, 2018, 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.
TEAC 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:6803 split will appear on this page.
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