Jun 19, 2017
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.06 to $1.80.
The split itself did not change the total investment value.
American Resources Corporation (NASDAQ:AREC) operates in the Coal industry.
American Resources Corporation company overviewAmerican Resources Corporation's most recent stock split was on June 19, 2017. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
American Resources Corporation has split its stock once. This history records one reverse split, on June 19, 2017.
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 American Resources Corporation's 1-for-30 reverse split on June 19, 2017, every 30 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.
American Resources Corporation has not announced a new split in our records. Its most recent split was on June 19, 2017, 9 years ago. Companies announce splits in advance, and any new NASDAQ:AREC split will appear on this page.