Sep 28, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $237.00 to $2370.00.
The split itself did not change the total investment value.
Kinki Sharyo Co., Ltd. (TSE:7122) operates in the Trucks/Construction/Farm machinery industry.
Kinki Sharyo Co., Ltd. company overviewKinki Sharyo Co., Ltd.'s most recent stock split was on September 28, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Kinki Sharyo Co., Ltd. (TSE:7122) has split its stock 2 times: a 53-for-50 split on September 25, 1991 and a 1-for-10 reverse split on September 28, 2016.
Kinki Sharyo Co., Ltd. has split its stock 2 times. This history records 2 splits between September 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 Kinki Sharyo Co., Ltd.'s 1-for-10 reverse split on September 28, 2016, 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.
Kinki Sharyo Co., Ltd. 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:7122 split will appear on this page.
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