Jun 29, 2011
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Powerhouse Energy Group PLC (LSE:PHE) operates in the Electric utilities industry.
Powerhouse Energy Group PLC company overviewPowerhouse Energy Group PLC's most recent stock split was on June 29, 2011. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Powerhouse Energy Group PLC (LSE:PHE) has split its stock 2 times: a 4-for-3 split on June 12, 2002 and a 1-for-10 reverse split on June 29, 2011.
Powerhouse Energy Group PLC has split its stock 2 times. This history records 2 splits between June 12, 2002 and June 29, 2011.
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 Powerhouse Energy Group PLC's 1-for-10 reverse split on June 29, 2011, every 10 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.
Powerhouse Energy Group PLC has not announced a new split in our records. Its most recent split was on June 29, 2011, 15 years ago. Companies announce splits in advance, and any new LSE:PHE split will appear on this page.
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