Dec 15, 2016
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $0.50.
The split itself did not change the total investment value.
Gulf Keystone Petroleum Limited (FRA:GVP1) operates in the Oil & gas production industry.
Gulf Keystone Petroleum Limited company overviewGulf Keystone Petroleum Limited's most recent stock split was on December 15, 2016. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Gulf Keystone Petroleum Limited (FRA:GVP1) has split its stock 2 times: a 1187-for-509 split on August 31, 2016 and a 1-for-100 reverse split on December 15, 2016.
Gulf Keystone Petroleum Limited has split its stock 2 times. This history records 2 splits between August 31, 2016 and December 15, 2016.
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 Gulf Keystone Petroleum Limited's 1-for-100 reverse split on December 15, 2016, every 100 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.
Gulf Keystone Petroleum Limited has not announced a new split in our records. Its most recent split was on December 15, 2016, 9 years ago. Companies announce splits in advance, and any new FRA:GVP1 split will appear on this page.
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