Oct 02, 2023
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
ARMOUR Residential REIT, Inc. (GETTEX:2AR) operates in the Real estate investment trusts industry.
ARMOUR Residential REIT, Inc. company overviewARMOUR Residential REIT, Inc.'s most recent stock split was on October 2, 2023. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
ARMOUR Residential REIT, Inc. (GETTEX:2AR) has split its stock 2 times: a 1-for-8 reverse split on August 3, 2015 and a 1-for-5 reverse split on October 2, 2023.
ARMOUR Residential REIT, Inc. has split its stock 2 times. This history records 2 reverse splits between August 3, 2015 and October 2, 2023.
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 ARMOUR Residential REIT, Inc.'s 1-for-5 reverse split on October 2, 2023, every 5 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.
ARMOUR Residential REIT, Inc. has not announced a new split in our records. Its most recent split was on October 2, 2023, 3 years ago. Companies announce splits in advance, and any new GETTEX:2AR split will appear on this page.