Sep 28, 2016
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $347.00 to $694.00.
The split itself did not change the total investment value.
KEL Corporation (TSE:6919) operates in the Electronic components industry.
KEL Corporation company overviewKEL Corporation's most recent stock split was on September 28, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
KEL Corporation (TSE:6919) has split its stock 3 times: a 11-for-10 split on June 25, 1991, a 2-for-1 split on March 27, 2007, and a 1-for-2 reverse split on September 28, 2016.
KEL Corporation has split its stock 3 times. This history records 3 splits between June 25, 1991 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 KEL Corporation's 1-for-2 reverse split on September 28, 2016, every 2 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.
KEL Corporation 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:6919 split will appear on this page.
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