Dec 06, 2021
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
ARK Mines Ltd (ASX:AHK) operates in the Precious metals industry.
ARK Mines Ltd company overviewARK Mines Ltd's most recent stock split was on December 6, 2021. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
ARK Mines Ltd (ASX:AHK) has split its stock 2 times: a 1-for-20 reverse split on October 18, 2021 and a 1-for-20 reverse split on December 6, 2021.
ARK Mines Ltd has split its stock 2 times. This history records 2 reverse splits between October 18, 2021 and December 6, 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 ARK Mines Ltd's 1-for-20 reverse split on December 6, 2021, every 20 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.
ARK Mines Ltd has not announced a new split in our records. Its most recent split was on December 6, 2021, 4 years ago. Companies announce splits in advance, and any new ASX:AHK split will appear on this page.
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