Jul 03, 2009
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Arianne Phosphate Inc. (NEO:DAN) operates in the Other metals/Minerals industry.
Arianne Phosphate Inc. company overviewArianne Phosphate Inc.'s most recent stock split was on July 3, 2009. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Arianne Phosphate Inc. (NEO:DAN) has split its stock 2 times: a 1-for-6 reverse split on February 28, 2003 and a 1-for-5 reverse split on July 3, 2009.
Arianne Phosphate Inc. has split its stock 2 times. This history records 2 reverse splits between February 28, 2003 and July 3, 2009.
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 Arianne Phosphate Inc.'s 1-for-5 reverse split on July 3, 2009, every 5 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.
Arianne Phosphate Inc. has not announced a new split in our records. Its most recent split was on July 3, 2009, 17 years ago. Companies announce splits in advance, and any new NEO:DAN split will appear on this page.
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