Mar 26, 1996
21:20
For every 20 shares held, investors received 21.
The split itself did not change the total investment value.
Akebono Brake Industry Co., Ltd. (TSE:7238) operates in the Auto parts: OEM industry.
Akebono Brake Industry Co., Ltd. company overviewAkebono Brake Industry Co., Ltd.'s most recent stock split was on March 26, 1996. It was a 21-for-20 forward split, so shareholders received 21 shares for every 20 they held.
Akebono Brake Industry Co., Ltd. (TSE:7238) has split its stock 4 times: a 23-for-20 split on March 27, 1985, a 23-for-20 split on September 26, 1985, a 21-for-20 split on March 26, 1991, and a 21-for-20 split on March 26, 1996.
Akebono Brake Industry Co., Ltd. has split its stock 4 times. This history records 4 forward splits between March 27, 1985 and March 26, 1996.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Akebono Brake Industry Co., Ltd.'s 21-for-20 split on March 26, 1996, every 20 shares became 21 shares.
Akebono Brake Industry Co., Ltd. has not announced a new split in our records. Its most recent split was on March 26, 1996, 30 years ago. Companies announce splits in advance, and any new TSE:7238 split will appear on this page.
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