On the 6th of October Alcoa completed the reverse stock split of Alcoa Inc. common stock at a ratio of 1 for 3. The number of authorized shares was reduced by three times. Сonsequently, the cost of a single share has tripled.
In this regard the volumes of all trades involving Alcoa shares will be recalculated.
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Alcoa Inc is an american company operating in lightweight metals technology, engineering and manufacturing industries. It is the third largest producer of aluminium in the world. Apart from the aluminum production, the company is also one of the world leaders in the production of bauxite, alumina and aluminum products and alloys.
