Jul 01, 2016
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Axcelis Technologies, Inc. (MIL:1ACLS) operates in the Industrial machinery industry.
Axcelis Technologies, Inc. company overviewAxcelis Technologies, Inc.'s most recent stock split was on July 1, 2016. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Axcelis Technologies, Inc. has split its stock once. This history records one reverse split, on July 1, 2016.
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 Axcelis Technologies, Inc.'s 1-for-4 reverse split on July 1, 2016, every 4 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.
Axcelis Technologies, Inc. has not announced a new split in our records. Its most recent split was on July 1, 2016, 10 years ago. Companies announce splits in advance, and any new MIL:1ACLS split will appear on this page.