Sep 06, 2019
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Reconnaissance Energy Africa Ltd. (GETTEX:0XD) operates in the Oil & gas production industry.
Reconnaissance Energy Africa Ltd. company overviewReconnaissance Energy Africa Ltd.'s most recent stock split was on September 6, 2019. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Reconnaissance Energy Africa Ltd. (GETTEX:0XD) has split its stock 4 times: a 1-for-5 reverse split on May 29, 2001, a 1-for-2 reverse split on July 10, 2003, a 1-for-10 reverse split on December 19, 2013, and a 1-for-2 reverse split on September 6, 2019.
Reconnaissance Energy Africa Ltd. has split its stock 4 times. This history records 4 reverse splits between May 29, 2001 and September 6, 2019.
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 Reconnaissance Energy Africa Ltd.'s 1-for-2 reverse split on September 6, 2019, every 2 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.
Reconnaissance Energy Africa Ltd. has not announced a new split in our records. Its most recent split was on September 6, 2019, 7 years ago. Companies announce splits in advance, and any new GETTEX:0XD split will appear on this page.
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