Feb 24, 1998
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $45.88 to $30.58.
The split itself did not change the total investment value.
AAR Corp. (NYSE:AIR) operates in the Aerospace & defense industry.
AAR Corp. company overviewAAR Corp.'s most recent stock split was on February 24, 1998. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
AAR Corp. (NYSE:AIR) has split its stock 6 times: a 11-for-10 split on April 18, 1978, a 5-for-4 split on October 11, 1978, a 5-for-4 split on January 15, 1980, a 3-for-2 split on February 11, 1986, a 3-for-2 split on October 27, 1987, and a 3-for-2 split on February 24, 1998.
AAR Corp. has split its stock 6 times. This history records 6 forward splits between April 18, 1978 and February 24, 1998.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In AAR Corp.'s 3-for-2 split on February 24, 1998, every 2 shares became 3 shares.
AAR Corp. has not announced a new split in our records. Its most recent split was on February 24, 1998, 28 years ago. Companies announce splits in advance, and any new NYSE:AIR split will appear on this page.