Aug 16, 2021
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Arcland Resource Inc (TSXV:ADR.H) operates in the Other metals/Minerals industry.
Arcland Resource Inc company overviewArcland Resource Inc's most recent stock split was on August 16, 2021. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Arcland Resource Inc (TSXV:ADR.H) has split its stock 3 times: a 1-for-5 reverse split on November 9, 1998, a 1-for-6 reverse split on February 19, 2004, and a 1-for-4 reverse split on August 16, 2021.
Arcland Resource Inc has split its stock 3 times. This history records 3 reverse splits between November 9, 1998 and August 16, 2021.
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 Arcland Resource Inc's 1-for-4 reverse split on August 16, 2021, every 4 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.
Arcland Resource Inc has not announced a new split in our records. Its most recent split was on August 16, 2021, 5 years ago. Companies announce splits in advance, and any new TSXV:ADR.H split will appear on this page.
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