Apr 25, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $666.00 to $3330.00.
The split itself did not change the total investment value.
Eiken Industries Co., Ltd (TSE:7265) operates in the Trucks/Construction/Farm machinery industry.
Eiken Industries Co., Ltd company overviewEiken Industries Co., Ltd's most recent stock split was on April 25, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Eiken Industries Co., Ltd has split its stock once. This history records one reverse split, on April 25, 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 Eiken Industries Co., Ltd's 1-for-5 reverse split on April 25, 2018, 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.
Eiken Industries Co., Ltd has not announced a new split in our records. Its most recent split was on April 25, 2018, 8 years ago. Companies announce splits in advance, and any new TSE:7265 split will appear on this page.
Already premium?