Jul 25, 2016
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Barksdale Resources Corp. (NEO:BRO) operates in the Other metals/Minerals industry.
Barksdale Resources Corp. company overviewBarksdale Resources Corp.'s most recent stock split was on July 25, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Barksdale Resources Corp. (NEO:BRO) has split its stock 4 times: a 1-for-8 reverse split on February 24, 1999, a 1-for-3 reverse split on April 23, 2009, a 1-for-40 reverse split on February 8, 2013, and a 1-for-2 reverse split on July 25, 2016.
Barksdale Resources Corp. has split its stock 4 times. This history records 4 reverse splits between February 24, 1999 and July 25, 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 Barksdale Resources Corp.'s 1-for-2 reverse split on July 25, 2016, every 2 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.
Barksdale Resources Corp. has not announced a new split in our records. Its most recent split was on July 25, 2016, 10 years ago. Companies announce splits in advance, and any new NEO:BRO split will appear on this page.
Already premium?