1. Malaysia Stocks

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    Energy minerals

  3. •

    Oil & gas production
Hibiscus Petroleum Bhd.

Hibiscus Petroleum Bhd.

MMYX:HIBISCS
2.39
MYR
-0.04
(-1.65%)
3.74P/E
Nov 24Next Earn

Latest Stock Split

Oct 18, 2023

2:5

For every 5 shares held, investors received 2. The price per share adjusted from $1.10 to $2.75.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 18, 2023
    Before$1.10
    Split ratio2:5
    After$2.75
    Reverse

About Hibiscus Petroleum Bhd. stock splits

Hibiscus Petroleum Bhd. (MYX:HIBISCS) operates in the Oil & gas production industry.

Hibiscus Petroleum Bhd. company overview

When did Hibiscus Petroleum Bhd. stock split?

Hibiscus Petroleum Bhd.'s most recent stock split was on October 18, 2023. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.

How many times has Hibiscus Petroleum Bhd. stock split?

Hibiscus Petroleum Bhd. has split its stock once. This history records one reverse split, on October 18, 2023.

What is a reverse stock split?

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 Hibiscus Petroleum Bhd.'s 2-for-5 reverse split on October 18, 2023, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Hibiscus Petroleum Bhd. split its stock again?

Hibiscus Petroleum Bhd. has not announced a new split in our records. Its most recent split was on October 18, 2023, 3 years ago. Companies announce splits in advance, and any new MYX:HIBISCS split will appear on this page.