Oct 24, 2012
1:11
For every 11 shares held, investors received 1. The price per share adjusted from $0.65 to $7.15.
The split itself did not change the total investment value.
Petrolia SE (OSL:PSE) operates in the Oil & gas production industry.
Petrolia SE company overviewPetrolia SE's most recent stock split was on October 24, 2012. It was a 1-for-11 reverse split, so shareholders received 1 share for every 11 they held.
Petrolia SE (OSL:PSE) has split its stock 6 times: a 4-for-1 split on October 1, 1997, a 92-for-89 split on September 6, 1999, a 1-for-50 reverse split on March 9, 2004, a 1-for-10 reverse split on June 30, 2010, a 19-for-16 split on June 28, 2011, and a 1-for-11 reverse split on October 24, 2012.
Petrolia SE has split its stock 6 times. This history records 6 splits between October 1, 1997 and October 24, 2012.
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 Petrolia SE's 1-for-11 reverse split on October 24, 2012, every 11 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.
Petrolia SE has not announced a new split in our records. Its most recent split was on October 24, 2012, 13 years ago. Companies announce splits in advance, and any new OSL:PSE split will appear on this page.
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