Mar 11, 2020
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.45.
The split itself did not change the total investment value.
Sunshine Oilsands Ltd. (HKEX:2012) operates in the Oil & gas production industry.
Sunshine Oilsands Ltd. company overviewSunshine Oilsands Ltd.'s most recent stock split was on March 11, 2020. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Sunshine Oilsands Ltd. (HKEX:2012) has split its stock 2 times: a 1-for-50 reverse split on February 26, 2020 and a 1-for-50 reverse split on March 11, 2020.
Sunshine Oilsands Ltd. has split its stock 2 times. This history records 2 reverse splits between February 26, 2020 and March 11, 2020.
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 Sunshine Oilsands Ltd.'s 1-for-50 reverse split on March 11, 2020, every 50 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.
Sunshine Oilsands Ltd. has not announced a new split in our records. Its most recent split was on March 11, 2020, 6 years ago. Companies announce splits in advance, and any new HKEX:2012 split will appear on this page.
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