Oct 06, 2016
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $10.40 to $31.20.
The split itself did not change the total investment value.
Alcoa Corporation (NYSE:AA) operates in the Aluminum industry.
Alcoa Corporation company overviewAlcoa Corporation's most recent stock split was on October 6, 2016. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Alcoa Corporation (NYSE:AA) has split its stock 6 times: a 3-for-2 split on February 4, 1974, a 2-for-1 split on February 23, 1981, a 2-for-1 split on February 27, 1995, a 2-for-1 split on February 26, 1999, a 2-for-1 split on June 12, 2000, and a 1-for-3 reverse split on October 6, 2016.
Alcoa Corporation has split its stock 6 times. This history records 6 splits between February 4, 1974 and October 6, 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 Alcoa Corporation's 1-for-3 reverse split on October 6, 2016, every 3 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.
Alcoa Corporation has not announced a new split in our records. Its most recent split was on October 6, 2016, 10 years ago. Companies announce splits in advance, and any new NYSE:AA split will appear on this page.