Dec 02, 1986
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $21.13 to $14.08.
The split itself did not change the total investment value.
AMREP Corporation (NYSE:AXR) operates in the Real estate development industry.
AMREP Corporation company overviewAMREP Corporation's most recent stock split was on December 2, 1986. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
AMREP Corporation (NYSE:AXR) has split its stock 4 times: a 6-for-5 split on July 28, 1983, a 5-for-4 split on November 23, 1984, a 6-for-5 split on November 22, 1985, and a 3-for-2 split on December 2, 1986.
AMREP Corporation has split its stock 4 times. This history records 4 forward splits between July 28, 1983 and December 2, 1986.
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 AMREP Corporation's 3-for-2 split on December 2, 1986, every 2 shares became 3 shares.
AMREP Corporation has not announced a new split in our records. Its most recent split was on December 2, 1986, 39 years ago. Companies announce splits in advance, and any new NYSE:AXR split will appear on this page.