May 25, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.03 to $0.13.
The split itself did not change the total investment value.
Aloro Mining Corp. (TSXV:AORO) operates in the Precious metals industry.
Aloro Mining Corp. company overviewAloro Mining Corp.'s most recent stock split was on May 25, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Aloro Mining Corp. (TSXV:AORO) has split its stock 2 times: a 1-for-4 reverse split on January 21, 2013 and a 1-for-5 reverse split on May 25, 2016.
Aloro Mining Corp. has split its stock 2 times. This history records 2 reverse splits between January 21, 2013 and May 25, 2016.
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 Aloro Mining Corp.'s 1-for-5 reverse split on May 25, 2016, 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.
Aloro Mining Corp. has not announced a new split in our records. Its most recent split was on May 25, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:AORO split will appear on this page.
Already premium?