Apr 13, 2022
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
Applied Digital Corporation (MIL:1APLD) operates in the Data processing services industry.
Applied Digital Corporation company overviewApplied Digital Corporation's most recent stock split was on April 13, 2022. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Applied Digital Corporation (MIL:1APLD) has split its stock 3 times: a 161-for-50 split on July 31, 2002, a 1-for-3 reverse split on December 31, 2003, and a 1-for-6 reverse split on April 13, 2022.
Applied Digital Corporation has split its stock 3 times. This history records 3 splits between July 31, 2002 and April 13, 2022.
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 Applied Digital Corporation's 1-for-6 reverse split on April 13, 2022, every 6 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.
Applied Digital Corporation has not announced a new split in our records. Its most recent split was on April 13, 2022, 4 years ago. Companies announce splits in advance, and any new MIL:1APLD split will appear on this page.