Feb 27, 2024
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.13 to $0.26.
The split itself did not change the total investment value.
Refined Energy Corp (NEO:RUU) operates in the Agricultural commodities/Milling industry.
Refined Energy Corp company overviewRefined Energy Corp's most recent stock split was on February 27, 2024. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Refined Energy Corp (NEO:RUU) has split its stock 3 times: a 1-for-10 reverse split on December 20, 2019, a 1-for-2 reverse split on June 30, 2022, and a 1-for-2 reverse split on February 27, 2024.
Refined Energy Corp has split its stock 3 times. This history records 3 reverse splits between December 20, 2019 and February 27, 2024.
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 Refined Energy Corp's 1-for-2 reverse split on February 27, 2024, 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.
Refined Energy Corp has not announced a new split in our records. Its most recent split was on February 27, 2024, 2 years ago. Companies announce splits in advance, and any new NEO:RUU split will appear on this page.
Already premium?