Aug 27, 2015
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $107.00 to $1070.00.
The split itself did not change the total investment value.
Lapine Co., Ltd. (TSE:8143) operates in the Apparel/Footwear industry.
Lapine Co., Ltd. company overviewLapine Co., Ltd.'s most recent stock split was on August 27, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Lapine Co., Ltd. (TSE:8143) has split its stock 3 times: a 6-for-5 split on January 28, 1985, a 11-for-10 split on March 15, 1991, and a 1-for-10 reverse split on August 27, 2015.
Lapine Co., Ltd. has split its stock 3 times. This history records 3 splits between January 28, 1985 and August 27, 2015.
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 Lapine Co., Ltd.'s 1-for-10 reverse split on August 27, 2015, 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.
Lapine Co., Ltd. has not announced a new split in our records. Its most recent split was on August 27, 2015, 11 years ago. Companies announce splits in advance, and any new TSE:8143 split will appear on this page.
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