Nov 18, 2024
1:48
For every 48 shares held, investors received 1. The price per share adjusted from $0.18 to $8.50.
The split itself did not change the total investment value.
AIB Data Centers Inc. (AMEX:AIB) operates in the Data processing services industry.
AIB Data Centers Inc. company overviewAIB Data Centers Inc.'s most recent stock split was on November 18, 2024. It was a 1-for-48 reverse split, so shareholders received 1 share for every 48 they held.
AIB Data Centers Inc. has split its stock once. This history records one reverse split, on November 18, 2024.
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 AIB Data Centers Inc.'s 1-for-48 reverse split on November 18, 2024, every 48 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.
AIB Data Centers Inc. has not announced a new split in our records. Its most recent split was on November 18, 2024, 1 year ago. Companies announce splits in advance, and any new AMEX:AIB split will appear on this page.