May 22, 2017
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $7.54 to $22.62.
The split itself did not change the total investment value.
ArcelorMittal SA (NYSE:MT) operates in the Steel industry.
ArcelorMittal SA company overviewArcelorMittal SA's most recent stock split was on May 22, 2017. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
ArcelorMittal SA (NYSE:MT) has split its stock 3 times: a 14-for-1 split on October 2, 2014, a 73-for-58 split on March 14, 2016, and a 1-for-3 reverse split on May 22, 2017.
ArcelorMittal SA has split its stock 3 times. This history records 3 splits between October 2, 2014 and May 22, 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 ArcelorMittal SA's 1-for-3 reverse split on May 22, 2017, every 3 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.
ArcelorMittal SA has not announced a new split in our records. Its most recent split was on May 22, 2017, 9 years ago. Companies announce splits in advance, and any new NYSE:MT split will appear on this page.
Already premium?