Nov 28, 2005
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Afarak Group SE Class A (LSE:AFRK) operates in the Other metals/Minerals industry.
Afarak Group SE Class A company overviewAfarak Group SE Class A's most recent stock split was on November 28, 2005. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Afarak Group SE Class A (LSE:AFRK) has split its stock 3 times: a 2-for-1 split on February 11, 2000, a 2-for-1 split on July 10, 2000, and a 1-for-10 reverse split on November 28, 2005.
Afarak Group SE Class A has split its stock 3 times. This history records 3 splits between February 11, 2000 and November 28, 2005.
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 Afarak Group SE Class A's 1-for-10 reverse split on November 28, 2005, every 10 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.
Afarak Group SE Class A has not announced a new split in our records. Its most recent split was on November 28, 2005, 20 years ago. Companies announce splits in advance, and any new LSE:AFRK split will appear on this page.
Already premium?