Jun 01, 2016
1:50
For every 50 shares held, investors received 1.
The split itself did not change the total investment value.
Buccaneer Energy PLC (LSE:BUCE) operates in the Oil & gas production industry.
Buccaneer Energy PLC company overviewBuccaneer Energy PLC's most recent stock split was on June 1, 2016. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Buccaneer Energy PLC has split its stock once. This history records one reverse split, on June 1, 2016.
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 Buccaneer Energy PLC's 1-for-50 reverse split on June 1, 2016, 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.
Buccaneer Energy PLC has not announced a new split in our records. Its most recent split was on June 1, 2016, 10 years ago. Companies announce splits in advance, and any new LSE:BUCE split will appear on this page.
Already premium?