Apr 17, 2024
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.69 to $3.47.
The split itself did not change the total investment value.
Ensurge Micropower ASA (OTC:ENMPF) operates in the Electrical products industry.
Ensurge Micropower ASA company overviewEnsurge Micropower ASA's most recent stock split was on April 17, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Ensurge Micropower ASA (OTC:ENMPF) has split its stock 6 times: a 360-for-71 split on May 8, 2009, a 1-for-20 reverse split on November 1, 2019, a 47-for-25 split on April 29, 2020, a 293-for-250 split on July 24, 2020, a 1-for-9 reverse split on March 16, 2022, and a 1-for-5 reverse split on April 17, 2024.
Ensurge Micropower ASA has split its stock 6 times. This history records 6 splits between May 8, 2009 and April 17, 2024.
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 Ensurge Micropower ASA's 1-for-5 reverse split on April 17, 2024, every 5 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.
Ensurge Micropower ASA has not announced a new split in our records. Its most recent split was on April 17, 2024, 2 years ago. Companies announce splits in advance, and any new OTC:ENMPF split will appear on this page.
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