Apr 15, 2019
16:13
For every 13 shares held, investors received 16. The price per share adjusted from $0.01 to $0.01.
The split itself did not change the total investment value.
MEC Resources Ltd (ASX:MMR) operates in the Integrated oil industry.
MEC Resources Ltd company overviewMEC Resources Ltd's most recent stock split was on April 15, 2019. It was a 16-for-13 forward split, so shareholders received 16 shares for every 13 they held.
MEC Resources Ltd (ASX:MMR) has split its stock 4 times: a 4-for-3 split on July 4, 2008, a 143-for-140 split on September 14, 2010, a 87-for-86 split on March 17, 2017, and a 16-for-13 split on April 15, 2019.
MEC Resources Ltd has split its stock 4 times. This history records 4 forward splits between July 4, 2008 and April 15, 2019.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In MEC Resources Ltd's 16-for-13 split on April 15, 2019, every 13 shares became 16 shares.
MEC Resources Ltd has not announced a new split in our records. Its most recent split was on April 15, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:MMR split will appear on this page.
Already premium?