Aurora Cannabis (ACB) has 1 split in our Aurora Cannabis stock split history database. The split for ACB took place on May 11, 2020. This was a 1 for 12 reverse split, meaning for each 12 shares of ACB owned pre-split, the shareholder now owned 1 share.What is the stock price of Aurora Cannabis?
And that is where it’s easy to get confused. If you currently own 12 shares of ACB and they are each trading for $0.76, your total ACB shares are worth $9.12. When those 12 shares get traded in for 1 new share, the stock price will trade for $9.12, but your 12 shares will still only be worth $9.12.Where does the CEO of Aurora Cannabis live?
Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles. Aurora Cannabis ( NASDAQ:ACB) will soon have considerably fewer shares of common stock outstanding.What happens to shares of ACB after reverse stock split?
Now, if you still own the company when the Aurora reverse stock split happens, it may appear that your shares of ACB are more valuable. But that’s not what will happen when the Aurora reverse stock split takes place. For every 12 shares of ACB that you own right now, you will receive 1 new share after the reverse stock split.