Jul 29, 2014
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $343.00 to $1715.00.
The split itself did not change the total investment value.
ALBIS Co., Ltd. (TSE:7475) operates in the Food retail industry.
ALBIS Co., Ltd. company overviewALBIS Co., Ltd.'s most recent stock split was on July 29, 2014. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
ALBIS Co., Ltd. (TSE:7475) has split its stock 3 times: a 11-for-10 split on March 26, 1996, a 2-for-1 split on May 26, 2006, and a 1-for-5 reverse split on July 29, 2014.
ALBIS Co., Ltd. has split its stock 3 times. This history records 3 splits between March 26, 1996 and July 29, 2014.
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 ALBIS Co., Ltd.'s 1-for-5 reverse split on July 29, 2014, 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.
ALBIS Co., Ltd. has not announced a new split in our records. Its most recent split was on July 29, 2014, 12 years ago. Companies announce splits in advance, and any new TSE:7475 split will appear on this page.
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