10:1, 5:1, 4:1, 1:10, 3:1 And More Stock Splits: 19 Mega Stocks Splitting On March 28; Do You Own Any?

A total of 19 stocks listed on OTC, Nasdaq and NYSE are splitting on March 28. Some of the highest stock splits are in the ratio of 1:10, 10:1, 5:1, 4:1, 3:1, and 2:1. Share splits are carried out by listed companies to improve their liquidity.

Among other perks that come with stock splits is that the number of shares of the said company rises, while the value of shares becomes cheaper hence attracting new and existing customers. In the majority of cases, during stock splits record dates, the stocks witness buying demand. Accordingly, March 28 is a record date for these 19 companies for their stock sub-divisions.

Here are the details of stock splitting on March 28:

5:1 Stock Splits: Leading soy sauce brand, Kikkoman is splitting in the ratio of 5-to-1. Its record date generally is fixed on March 31, however, it falls on a holiday and accordingly, its record date is fixed on March 28. The share split is aimed at developing a more investor-friendly environment and expanding the investor base by reducing the amount per investment unit of the Company's shares.

4:1 Stock Split: Engaged in transportation and logistics, Optimus Group is splitting into a 4-to-1 ratio. The purpose of the stock split is to increase the liquidity of the Company's shares and further expand the investor base by reducing the amount per unit of investment in the Company's shares and making it easier for investors to invest in the Company's shares.

1:10 Stock Splits: Nasdaq-listed DouYu International Holdings announced a split of its American Depositary Receipts in the ratio of 1-to-10. For DouYu's ADS holders, this ADS Ratio Change will have the same effect as a one-for-ten reverse ADS split. There will be no change to DouYu's Ordinary Shares.

10:1 Stock Splits: Two companies are splitting in the ratio of 10-to-1. They are Mitsubishi Heavy Industries and Fujitsu.

Mitsubishi Heavy Industries is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defence.

Meanwhile, Fujitsu offers a broad range of products, services and solutions, and has approximately 124,000 employees supporting customers from over 50 countries and regions. The company uses a wide portfolio of trusted technology services, solutions and products, to work with its customers to co-create solutions that help them on their journey to enterprise-wide digitalization.

3:1 Stock splits: A host of companies are splitting in this ratio on March 28. They come from diverse segments. They are East Japan Railway Company, MS&AD Insurance Group Holdings, Sompo Holdings, Mitsui Fudosan, Sanrio Co, Sysmex Corporation, and
Kawasaki Kisen Kaisha.

2:1 Stock Splits: Here as well, a long list of companies are splitting in the ratio of 2-to-1. These companies are -- TDC SOFT Inc., USS Co, West Japan Railway Company, Terumo, Old Dominion Freight Line, Capcom Co., and EXEO Group, Inc.

To be eligible for sub-divisions of a stock, investors must hold that stock in their demat account by the end of the record date.

Disclaimer: The write-up highlights about the latest development in stock split, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.