Nov 16, 2017
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Block Energy Plc (LSE:BLOE) operates in the Oil & gas production industry.
Block Energy Plc company overviewBlock Energy Plc's most recent stock split was on November 16, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Block Energy Plc (LSE:BLOE) has split its stock 2 times: a 1-for-50 reverse split on January 6, 2017 and a 1-for-5 reverse split on November 16, 2017.
Block Energy Plc has split its stock 2 times. This history records 2 reverse splits between January 6, 2017 and November 16, 2017.
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 Block Energy Plc's 1-for-5 reverse split on November 16, 2017, 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.
Block Energy Plc has not announced a new split in our records. Its most recent split was on November 16, 2017, 8 years ago. Companies announce splits in advance, and any new LSE:BLOE split will appear on this page.
Already premium?