Sep 26, 2014
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $65.00 to $650.00.
The split itself did not change the total investment value.
Ledax Co.,Ltd (TSE:7602) operates in the Specialty stores industry.
Ledax Co.,Ltd company overviewLedax Co.,Ltd's most recent stock split was on September 26, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Ledax Co.,Ltd (TSE:7602) has split its stock 3 times: a 2-for-1 split on March 28, 2000, a 4-for-1 split on January 27, 2005, and a 1-for-10 reverse split on September 26, 2014.
Ledax Co.,Ltd has split its stock 3 times. This history records 3 splits between March 28, 2000 and September 26, 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 Ledax Co.,Ltd's 1-for-10 reverse split on September 26, 2014, 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.
Ledax Co.,Ltd has not announced a new split in our records. Its most recent split was on September 26, 2014, 12 years ago. Companies announce splits in advance, and any new TSE:7602 split will appear on this page.
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