Sep 28, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $169.00 to $1690.00.
The split itself did not change the total investment value.
TOTTORI BANK, LTD. (TSE:8383) operates in the Major banks industry.
TOTTORI BANK, LTD. company overviewTOTTORI BANK, LTD.'s most recent stock split was on September 28, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
TOTTORI BANK, LTD. has split its stock once. This history records one reverse split, on September 28, 2016.
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 TOTTORI BANK, LTD.'s 1-for-10 reverse split on September 28, 2016, 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.
TOTTORI BANK, LTD. has not announced a new split in our records. Its most recent split was on September 28, 2016, 10 years ago. Companies announce splits in advance, and any new TSE:8383 split will appear on this page.
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