Sep 24, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
Arika Resources Limited (ASX:ARI) operates in the Other metals/Minerals industry.
Arika Resources Limited company overviewArika Resources Limited's most recent stock split was on September 24, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Arika Resources Limited (ASX:ARI) has split its stock 7 times: a 52-for-51 split on June 27, 2008, a 1-for-10 reverse split on November 25, 2011, a 42-for-41 split on July 14, 2014, a 1-for-2 reverse split on July 6, 2015, a 15-for-13 split on May 1, 2020, a 27-for-26 split on May 9, 2022, and a 1-for-10 reverse split on September 24, 2024.
Arika Resources Limited has split its stock 7 times. This history records 7 splits between June 27, 2008 and September 24, 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 Arika Resources Limited's 1-for-10 reverse split on September 24, 2024, every 10 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.
Arika Resources Limited has not announced a new split in our records. Its most recent split was on September 24, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:ARI split will appear on this page.
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