Jan 01, 2005
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $10.34 to $10339.44.
The split itself did not change the total investment value.
Alarko Carrier Sanayi ve Ticaret A.S. (BIST:ALCAR) operates in the Building products industry.
Alarko Carrier Sanayi ve Ticaret A.S. company overviewAlarko Carrier Sanayi ve Ticaret A.S.'s most recent stock split was on January 1, 2005. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Alarko Carrier Sanayi ve Ticaret A.S. (BIST:ALCAR) has split its stock 7 times: a 4-for-1 split on June 30, 1994, a 543-for-185 split on October 5, 1995, a 2-for-1 split on May 31, 1996, a 5-for-3 split on August 18, 1997, a 27-for-20 split on January 19, 1998, a 8-for-1 split on December 22, 2003, and a 1-for-1000 reverse split on January 1, 2005.
Alarko Carrier Sanayi ve Ticaret A.S. has split its stock 7 times. This history records 7 splits between June 30, 1994 and January 1, 2005.
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 Alarko Carrier Sanayi ve Ticaret A.S.'s 1-for-1000 reverse split on January 1, 2005, every 1000 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.
Alarko Carrier Sanayi ve Ticaret A.S. has not announced a new split in our records. Its most recent split was on January 1, 2005, 21 years ago. Companies announce splits in advance, and any new BIST:ALCAR split will appear on this page.
Already premium?