Mar 06, 2020
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.04 to $4.50.
The split itself did not change the total investment value.
Ascent Resources plc (LSE:AST) operates in the Oil & gas production industry.
Ascent Resources plc company overviewAscent Resources plc's most recent stock split was on March 6, 2020. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Ascent Resources plc (LSE:AST) has split its stock 3 times: a 1207-for-1000 split on April 12, 2013, a 1-for-20 reverse split on December 1, 2015, and a 1-for-100 reverse split on March 6, 2020.
Ascent Resources plc has split its stock 3 times. This history records 3 splits between April 12, 2013 and March 6, 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 Ascent Resources plc's 1-for-100 reverse split on March 6, 2020, every 100 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.
Ascent Resources plc has not announced a new split in our records. Its most recent split was on March 6, 2020, 6 years ago. Companies announce splits in advance, and any new LSE:AST split will appear on this page.
Already premium?