Ring Energy, Inc.
Latest Stock Split
Jun 02, 2008
1:18
For every 18 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jun 02, 2008Before—Split ratio1:18After—Reverse
About Ring Energy, Inc. stock splits
Ring Energy, Inc. (GETTEX:KWE1) operates in the Integrated oil industry.
Ring Energy, Inc. company overviewWhen did Ring Energy, Inc. stock split?
Ring Energy, Inc.'s most recent stock split was on June 2, 2008. It was a 1-for-18 reverse split, so shareholders received 1 share for every 18 they held.
How many times has Ring Energy, Inc. stock split?
Ring Energy, Inc. has split its stock once. This history records one reverse split, on June 2, 2008.
What is a reverse stock split?
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 Ring Energy, Inc.'s 1-for-18 reverse split on June 2, 2008, every 18 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.
Will Ring Energy, Inc. split its stock again?
Ring Energy, Inc. has not announced a new split in our records. Its most recent split was on June 2, 2008, 18 years ago. Companies announce splits in advance, and any new GETTEX:KWE1 split will appear on this page.