Sep 27, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $994.00 to $4970.00.
The split itself did not change the total investment value.
Asti Corporation (TSE:6899) operates in the Electronic production equipment industry.
Asti Corporation company overviewAsti Corporation's most recent stock split was on September 27, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Asti Corporation (TSE:6899) has split its stock 4 times: a 11-for-10 split on March 26, 1996, a 6-for-5 split on March 27, 2001, a 2-for-1 split on March 27, 2007, and a 1-for-5 reverse split on September 27, 2017.
Asti Corporation has split its stock 4 times. This history records 4 splits between March 26, 1996 and September 27, 2017.
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 Asti Corporation's 1-for-5 reverse split on September 27, 2017, 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.
Asti Corporation has not announced a new split in our records. Its most recent split was on September 27, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:6899 split will appear on this page.
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