Apr 27, 2009
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Hemisphere Energy Corp (NEO:HME) operates in the Oil & gas production industry.
Hemisphere Energy Corp company overviewHemisphere Energy Corp's most recent stock split was on April 27, 2009. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Hemisphere Energy Corp (NEO:HME) has split its stock 2 times: a 1-for-5 reverse split on January 14, 2000 and a 1-for-5 reverse split on April 27, 2009.
Hemisphere Energy Corp has split its stock 2 times. This history records 2 reverse splits between January 14, 2000 and April 27, 2009.
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 Hemisphere Energy Corp's 1-for-5 reverse split on April 27, 2009, 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.
Hemisphere Energy Corp has not announced a new split in our records. Its most recent split was on April 27, 2009, 17 years ago. Companies announce splits in advance, and any new NEO:HME split will appear on this page.
Already premium?