Feb 17, 2021
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $4.34 to $13.02.
The split itself did not change the total investment value.
ACRES Commercial Realty Corp. (NYSE:ACR) operates in the Real estate investment trusts industry.
ACRES Commercial Realty Corp. company overviewACRES Commercial Realty Corp.'s most recent stock split was on February 17, 2021. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
ACRES Commercial Realty Corp. (NYSE:ACR) has split its stock 2 times: a 1-for-4 reverse split on September 1, 2015 and a 1-for-3 reverse split on February 17, 2021.
ACRES Commercial Realty Corp. has split its stock 2 times. This history records 2 reverse splits between September 1, 2015 and February 17, 2021.
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 ACRES Commercial Realty Corp.'s 1-for-3 reverse split on February 17, 2021, 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.
ACRES Commercial Realty Corp. has not announced a new split in our records. Its most recent split was on February 17, 2021, 5 years ago. Companies announce splits in advance, and any new NYSE:ACR split will appear on this page.