Aug 31, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.04.
The split itself did not change the total investment value.
Thor Energy Plc (ASX:THR) operates in the Other metals/Minerals industry.
Thor Energy Plc company overviewThor Energy Plc's most recent stock split was on August 31, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Thor Energy Plc (ASX:THR) has split its stock 3 times: a 1-for-25 reverse split on November 28, 2016, a 1-for-25 reverse split on December 9, 2016, and a 1-for-10 reverse split on August 31, 2023.
Thor Energy Plc has split its stock 3 times. This history records 3 reverse splits between November 28, 2016 and August 31, 2023.
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 Thor Energy Plc's 1-for-10 reverse split on August 31, 2023, every 10 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.
Thor Energy Plc has not announced a new split in our records. Its most recent split was on August 31, 2023, 3 years ago. Companies announce splits in advance, and any new ASX:THR split will appear on this page.
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