Sep 27, 2017
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $644.00 to $3220.00.
The split itself did not change the total investment value.
Tobu Railway Co., Ltd. (TSE:9001) operates in the Railroads industry.
Tobu Railway Co., Ltd. company overviewTobu Railway Co., Ltd.'s most recent stock split was on September 27, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Tobu Railway Co., Ltd. (TSE:9001) has split its stock 4 times: a 21-for-20 split on March 27, 1986, a 11-for-10 split on September 27, 1988, a 103-for-100 split on March 28, 1994, and a 1-for-5 reverse split on September 27, 2017.
Tobu Railway Co., Ltd. has split its stock 4 times. This history records 4 splits between March 27, 1986 and September 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 Tobu Railway Co., Ltd.'s 1-for-5 reverse split on September 27, 2017, 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.
Tobu Railway Co., Ltd. has not announced a new split in our records. Its most recent split was on September 27, 2017, 9 years ago. Companies announce splits in advance, and any new TSE:9001 split will appear on this page.
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