Meren Energy Inc.
Latest Stock Split
Sep 22, 1999
1:5
For every 5 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
- Sep 22, 1999Before—Split ratio1:5After—Reverse
About Meren Energy Inc. stock splits
Meren Energy Inc. (IOB:0QVL) operates in the Oil & gas production industry.
Meren Energy Inc. company overviewWhen did Meren Energy Inc. stock split?
Meren Energy Inc.'s most recent stock split was on September 22, 1999. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
How many times has Meren Energy Inc. stock split?
Meren Energy Inc. has split its stock once. This history records one reverse split, on September 22, 1999.
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 Meren Energy Inc.'s 1-for-5 reverse split on September 22, 1999, every 5 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 Meren Energy Inc. split its stock again?
Meren Energy Inc. has not announced a new split in our records. Its most recent split was on September 22, 1999, 27 years ago. Companies announce splits in advance, and any new IOB:0QVL split will appear on this page.