Oct 05, 2018
2:17
For every 17 shares held, investors received 2.
The split itself did not change the total investment value.
Arrow Exploration Corp. (LSE:AXL) operates in the Oil & gas production industry.
Arrow Exploration Corp. company overviewArrow Exploration Corp.'s most recent stock split was on October 5, 2018. It was a 2-for-17 reverse split, so shareholders received 2 shares for every 17 they held.
Arrow Exploration Corp. (LSE:AXL) has split its stock 2 times: a 1-for-40 reverse split on October 29, 2014 and a 2-for-17 reverse split on October 5, 2018.
Arrow Exploration Corp. has split its stock 2 times. This history records 2 reverse splits between October 29, 2014 and October 5, 2018.
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 Arrow Exploration Corp.'s 2-for-17 reverse split on October 5, 2018, every 17 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Arrow Exploration Corp. has not announced a new split in our records. Its most recent split was on October 5, 2018, 8 years ago. Companies announce splits in advance, and any new LSE:AXL split will appear on this page.
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