Question: ARCO 1 for 1 Stock Split (2015)


This is actually ancient history in stocks, but I was looking at some stocks I bought back in 2010, and in trying to understand lost opportunity, I check stock splits.

Unless this is an error, it shows that Arcos Dorados (ARCO) had a 1 for 1 split on 1/9/2015. Is that a thing? What would be the purpose of something like that?

Reference: https://www.stocksplithistory.com/?symbol=ARCO


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