Oct 14, 2013
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Armax Gaz SA (BVB:ARAX) operates in the Metal fabrication industry.
Armax Gaz SA company overviewArmax Gaz SA's most recent stock split was on October 14, 2013. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Armax Gaz SA has split its stock once. This history records one reverse split, on October 14, 2013.
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 Armax Gaz SA's 1-for-100 reverse split on October 14, 2013, every 100 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.
Armax Gaz SA has not announced a new split in our records. Its most recent split was on October 14, 2013, 13 years ago. Companies announce splits in advance, and any new BVB:ARAX split will appear on this page.
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