Oct 06, 2016
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Howmet Aerospace Inc. (BYMA:HWMC) operates in the Aerospace & defense industry.
Howmet Aerospace Inc. company overviewHowmet Aerospace Inc.'s most recent stock split was on October 6, 2016. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Howmet Aerospace Inc. has split its stock once. This history records one reverse split, on October 6, 2016.
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 Howmet Aerospace Inc.'s 1-for-3 reverse split on October 6, 2016, every 3 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.
Howmet Aerospace Inc. has not announced a new split in our records. Its most recent split was on October 6, 2016, 10 years ago. Companies announce splits in advance, and any new BYMA:HWMC split will appear on this page.