Apr 16, 2003
1:9
For every 9 shares held, investors received 1.
The split itself did not change the total investment value.
Asarian Energy Limited (OTC:FOSYF) operates in the Other metals/Minerals industry.
Asarian Energy Limited company overviewAsarian Energy Limited's most recent stock split was on April 16, 2003. It was a 1-for-9 reverse split, so shareholders received 1 share for every 9 they held.
Asarian Energy Limited has split its stock once. This history records one reverse split, on April 16, 2003.
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 Asarian Energy Limited's 1-for-9 reverse split on April 16, 2003, every 9 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.
Asarian Energy Limited has not announced a new split in our records. Its most recent split was on April 16, 2003, 23 years ago. Companies announce splits in advance, and any new OTC:FOSYF split will appear on this page.
Already premium?