Nov 25, 2003
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Arch Biopartners, Inc. (NEO:ARCH) operates in the Pharmaceuticals: major industry.
Arch Biopartners, Inc. company overviewArch Biopartners, Inc.'s most recent stock split was on November 25, 2003. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Arch Biopartners, Inc. has split its stock once. This history records one reverse split, on November 25, 2003.
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 Arch Biopartners, Inc.'s 1-for-3 reverse split on November 25, 2003, 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.
Arch Biopartners, Inc. has not announced a new split in our records. Its most recent split was on November 25, 2003, 22 years ago. Companies announce splits in advance, and any new NEO:ARCH split will appear on this page.
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