Mar 24, 2017
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.04 to $3.50.
The split itself did not change the total investment value.
ARC Minerals Limited (LSE:ARCM) operates in the Precious metals industry.
ARC Minerals Limited company overviewARC Minerals Limited's most recent stock split was on March 24, 2017. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
ARC Minerals Limited has split its stock once. This history records one reverse split, on March 24, 2017.
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 ARC Minerals Limited's 1-for-100 reverse split on March 24, 2017, every 100 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.
ARC Minerals Limited has not announced a new split in our records. Its most recent split was on March 24, 2017, 9 years ago. Companies announce splits in advance, and any new LSE:ARCM split will appear on this page.
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