Mar 28, 2012
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.02 to $0.10.
The split itself did not change the total investment value.
Mogul Energy International, Inc. (OTC:MGUY) operates in the Integrated oil industry.
Mogul Energy International, Inc. company overviewMogul Energy International, Inc.'s most recent stock split was on March 28, 2012. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Mogul Energy International, Inc. (OTC:MGUY) has split its stock 2 times: a 1-for-5 reverse split on March 2, 2012 and a 1-for-5 reverse split on March 28, 2012.
Mogul Energy International, Inc. has split its stock 2 times. This history records 2 reverse splits between March 2, 2012 and March 28, 2012.
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 Mogul Energy International, Inc.'s 1-for-5 reverse split on March 28, 2012, 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.
Mogul Energy International, Inc. has not announced a new split in our records. Its most recent split was on March 28, 2012, 14 years ago. Companies announce splits in advance, and any new OTC:MGUY split will appear on this page.