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The shares fell from $640m to just over $90 a result of the complex share split.
Dell announced a 2-for-1 share split, its sixth in six years.
The company also said it would split its stock 3-for-1, the first share split since May 1987.
The system had been an obstacle to Apple joining the index but its seven-for-one share split last year allayed concerns that the company's share price, then above $600, would skew the index.
Yahoo Japan shares hit 101.4 million yen, or $959,600, in morning trading on Wednesday, continuing a rally inspired by a planned 2-for-1 share split announced the previous week.
The group, which also owns brand names like Cartier and Montblanc, said it plans for a 100-for-one share split, after a change in Swiss law that will allow lower nominal values per share.
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Yahoo! stock opened for business at $4.33 a share (split-adjusted, I scarcely need to mention), and by the end of that first day, the stock had risen 154percentt.
A lot of time was spent adjusting prices to take account of share splits, dividends, delistings and so on.
Livedoor's penchant for share splits means it now accounts for almost half of all trading units on the exchange.
In 2006 the authorities raided Livedoor and found evidence that it had fabricated earnings using share splits and a series of fake companies.
PCCW and the investment vehicle Pacific Century Regional Developments, which Mr. Li controls, had argued that share splitting was legal in Hong Kong.
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