May 02, 2016
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Prospera Energy Inc. (NEO:PEI) operates in the Integrated oil industry.
Prospera Energy Inc. company overviewProspera Energy Inc.'s most recent stock split was on May 2, 2016. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Prospera Energy Inc. (NEO:PEI) has split its stock 2 times: a 1-for-3 reverse split on August 26, 2008 and a 1-for-3 reverse split on May 2, 2016.
Prospera Energy Inc. has split its stock 2 times. This history records 2 reverse splits between August 26, 2008 and May 2, 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 Prospera Energy Inc.'s 1-for-3 reverse split on May 2, 2016, every 3 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.
Prospera Energy Inc. has not announced a new split in our records. Its most recent split was on May 2, 2016, 10 years ago. Companies announce splits in advance, and any new NEO:PEI split will appear on this page.
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