Mar 31, 2020
8:7
For every 7 shares held, investors received 8. The price per share adjusted from $0.01 to $0.01.
The split itself did not change the total investment value.
Otto Energy Limited (ASX:OEL) operates in the Oil & gas production industry.
Otto Energy Limited company overviewOtto Energy Limited's most recent stock split was on March 31, 2020. It was a 8-for-7 forward split, so shareholders received 8 shares for every 7 they held.
Otto Energy Limited (ASX:OEL) has split its stock 5 times: a 5309-for-5000 split on March 25, 2009, a 238-for-211 split on April 14, 2009, a 128-for-127 split on August 2, 2018, a 171-for-169 split on April 2, 2019, and a 8-for-7 split on March 31, 2020.
Otto Energy Limited has split its stock 5 times. This history records 5 forward splits between March 25, 2009 and March 31, 2020.
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 Otto Energy Limited's 8-for-7 split on March 31, 2020, every 7 shares became 8 shares.
Otto Energy Limited has not announced a new split in our records. Its most recent split was on March 31, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:OEL split will appear on this page.
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