Jul 27, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $67.00 to $670.00.
The split itself did not change the total investment value.
NAIGAI Co., Ltd. (TSE:8013) operates in the Apparel/Footwear industry.
NAIGAI Co., Ltd. company overviewNAIGAI Co., Ltd.'s most recent stock split was on July 27, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
NAIGAI Co., Ltd. (TSE:8013) has split its stock 5 times: a 11-for-10 split on January 28, 1986, a 11-for-10 split on January 28, 1987, a 21-for-20 split on January 28, 1991, a 21-for-20 split on January 28, 1992, and a 1-for-10 reverse split on July 27, 2017.
NAIGAI Co., Ltd. has split its stock 5 times. This history records 5 splits between January 28, 1986 and July 27, 2017.
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 NAIGAI Co., Ltd.'s 1-for-10 reverse split on July 27, 2017, 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.
NAIGAI Co., Ltd. has not announced a new split in our records. Its most recent split was on July 27, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:8013 split will appear on this page.
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