Jul 01, 2020
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
Prospex Energy Plc (LSE:PXEN) operates in the Oil & gas production industry.
Prospex Energy Plc company overviewProspex Energy Plc's most recent stock split was on July 1, 2020. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Prospex Energy Plc (LSE:PXEN) has split its stock 2 times: a 1-for-250 reverse split on April 16, 2015 and a 1-for-25 reverse split on July 1, 2020.
Prospex Energy Plc has split its stock 2 times. This history records 2 reverse splits between April 16, 2015 and July 1, 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 Prospex Energy Plc's 1-for-25 reverse split on July 1, 2020, every 25 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.
Prospex Energy Plc has not announced a new split in our records. Its most recent split was on July 1, 2020, 6 years ago. Companies announce splits in advance, and any new LSE:PXEN split will appear on this page.
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