Reverse stock split of Alcoa shares

10 October, 2016

Dear clients!

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. Ñonsequently, the cost of a single share has tripled. 

In this regard the volumes of all trades involving Alcoa shares will be recalculated.

If you have any questions please contact your personal manager via Live Chat or email info@grandcapital.net

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.

Yours truly,
Grand Capital team 


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