Oct 29, 2003
2:1
For every share held, investors received 2. The price per share adjusted from $9.85 to $4.92.
The split itself did not change the total investment value.
New Concept Energy, Inc (AMEX:GBR) operates in the Real estate development industry.
New Concept Energy, Inc company overviewNew Concept Energy, Inc's most recent stock split was on October 29, 2003. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
New Concept Energy, Inc (AMEX:GBR) has split its stock 4 times: a 1-for-5 reverse split on December 1, 1995, a 1-for-25 reverse split on December 3, 2001, a 5-for-4 split on February 5, 2002, and a 2-for-1 split on October 29, 2003.
New Concept Energy, Inc has split its stock 4 times. This history records 4 splits between December 1, 1995 and October 29, 2003.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In New Concept Energy, Inc's 2-for-1 split on October 29, 2003, every share became 2 shares.
New Concept Energy, Inc has not announced a new split in our records. Its most recent split was on October 29, 2003, 22 years ago. Companies announce splits in advance, and any new AMEX:GBR split will appear on this page.