Sep 15, 2014
3:1
For every share held, investors received 3.
The split itself did not change the total investment value.
Alerus Financial Corporation (FRA:5QD) operates in the Major banks industry.
Alerus Financial Corporation company overviewAlerus Financial Corporation's most recent stock split was on September 15, 2014. It was a 3-for-1 forward split, so shareholders received 3 shares for every share they held.
Alerus Financial Corporation (FRA:5QD) has split its stock 3 times: a 2-for-1 split on January 13, 1997, a 2-for-1 split on April 12, 2004, and a 3-for-1 split on September 15, 2014.
Alerus Financial Corporation has split its stock 3 times. This history records 3 forward splits between January 13, 1997 and September 15, 2014.
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 Alerus Financial Corporation's 3-for-1 split on September 15, 2014, every share became 3 shares.
Alerus Financial Corporation has not announced a new split in our records. Its most recent split was on September 15, 2014, 12 years ago. Companies announce splits in advance, and any new FRA:5QD split will appear on this page.