May 30, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.03 to $0.28.
The split itself did not change the total investment value.
Panoro Energy ASA (GETTEX:1PZ) operates in the Integrated oil industry.
Panoro Energy ASA company overviewPanoro Energy ASA's most recent stock split was on May 30, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Panoro Energy ASA (GETTEX:1PZ) has split its stock 2 times: a 516-for-499 split on February 10, 2016 and a 1-for-10 reverse split on May 30, 2016.
Panoro Energy ASA has split its stock 2 times. This history records 2 splits between February 10, 2016 and May 30, 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 Panoro Energy ASA's 1-for-10 reverse split on May 30, 2016, every 10 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.
Panoro Energy ASA has not announced a new split in our records. Its most recent split was on May 30, 2016, 10 years ago. Companies announce splits in advance, and any new GETTEX:1PZ split will appear on this page.
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