Oct 01, 2015
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Southern Arc Minerals Inc. Class A (OTC:SARMF) operates in the Precious metals industry.
Southern Arc Minerals Inc. Class A company overviewSouthern Arc Minerals Inc. Class A's most recent stock split was on October 1, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Southern Arc Minerals Inc. Class A has split its stock once. This history records one reverse split, on October 1, 2015.
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 Southern Arc Minerals Inc. Class A's 1-for-10 reverse split on October 1, 2015, every 10 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.
Southern Arc Minerals Inc. Class A has not announced a new split in our records. Its most recent split was on October 1, 2015, 11 years ago. Companies announce splits in advance, and any new OTC:SARMF split will appear on this page.
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