Aug 26, 2019
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.00 to $0.03.
The split itself did not change the total investment value.
Emperor Energy Ltd (ASX:EMP) operates in the Oil & gas production industry.
Emperor Energy Ltd company overviewEmperor Energy Ltd's most recent stock split was on August 26, 2019. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Emperor Energy Ltd (ASX:EMP) has split its stock 7 times: a 11541-for-10000 split on November 2, 1988, a 1-for-4 reverse split on September 27, 2004, a 60-for-29 split on April 3, 2009, a 10-for-9 split on August 20, 2010, a 1-for-10 reverse split on April 21, 2016, a 28-for-19 split on September 29, 2017, and a 1-for-15 reverse split on August 26, 2019.
Emperor Energy Ltd has split its stock 7 times. This history records 7 splits between November 2, 1988 and August 26, 2019.
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 Emperor Energy Ltd's 1-for-15 reverse split on August 26, 2019, every 15 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.
Emperor Energy Ltd has not announced a new split in our records. Its most recent split was on August 26, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:EMP split will appear on this page.
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