Apr 22, 2019
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
AI Financial Corporation (GETTEX:5AR1) operates in the Environmental services industry.
AI Financial Corporation company overviewAI Financial Corporation's most recent stock split was on April 22, 2019. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
AI Financial Corporation (GETTEX:5AR1) has split its stock 2 times: a 1-for-4 reverse split on February 24, 1997 and a 1-for-5 reverse split on April 22, 2019.
AI Financial Corporation has split its stock 2 times. This history records 2 reverse splits between February 24, 1997 and April 22, 2019.
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 AI Financial Corporation's 1-for-5 reverse split on April 22, 2019, 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.
AI Financial Corporation has not announced a new split in our records. Its most recent split was on April 22, 2019, 7 years ago. Companies announce splits in advance, and any new GETTEX:5AR1 split will appear on this page.