Jan 05, 2021
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.12 to $1.44.
The split itself did not change the total investment value.
Source Energy Services Ltd. (NEO:SHLE) operates in the Construction materials industry.
Source Energy Services Ltd. company overviewSource Energy Services Ltd.'s most recent stock split was on January 5, 2021. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
Source Energy Services Ltd. has split its stock once. This history records one reverse split, on January 5, 2021.
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 Source Energy Services Ltd.'s 1-for-12 reverse split on January 5, 2021, every 12 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.
Source Energy Services Ltd. has not announced a new split in our records. Its most recent split was on January 5, 2021, 5 years ago. Companies announce splits in advance, and any new NEO:SHLE split will appear on this page.
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