Feb 05, 2004
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
Evolution Petroleum Corporation, Inc. (FRA:EP7) operates in the Oil & gas production industry.
Evolution Petroleum Corporation, Inc. company overviewEvolution Petroleum Corporation, Inc.'s most recent stock split was on February 5, 2004. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Evolution Petroleum Corporation, Inc. (FRA:EP7) has split its stock 2 times: a 1-for-100 reverse split on February 8, 2002 and a 1-for-40 reverse split on February 5, 2004.
Evolution Petroleum Corporation, Inc. has split its stock 2 times. This history records 2 reverse splits between February 8, 2002 and February 5, 2004.
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 Evolution Petroleum Corporation, Inc.'s 1-for-40 reverse split on February 5, 2004, every 40 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.
Evolution Petroleum Corporation, Inc. has not announced a new split in our records. Its most recent split was on February 5, 2004, 22 years ago. Companies announce splits in advance, and any new FRA:EP7 split will appear on this page.