Apr 23, 2015
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.78 to $4.68.
The split itself did not change the total investment value.
ERIN ENERGY CORP (OTC:ERINQ) operates in the Integrated oil industry.
ERIN ENERGY CORP company overviewERIN ENERGY CORP's most recent stock split was on April 23, 2015. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
ERIN ENERGY CORP (OTC:ERINQ) has split its stock 4 times: a 1-for-2 reverse split on October 20, 1999, a 1-for-100 reverse split on January 12, 2007, a 56-for-23 split on February 24, 2014, and a 1-for-6 reverse split on April 23, 2015.
ERIN ENERGY CORP has split its stock 4 times. This history records 4 splits between October 20, 1999 and April 23, 2015.
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 ERIN ENERGY CORP's 1-for-6 reverse split on April 23, 2015, every 6 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.
ERIN ENERGY CORP has not announced a new split in our records. Its most recent split was on April 23, 2015, 11 years ago. Companies announce splits in advance, and any new OTC:ERINQ split will appear on this page.