Oct 21, 2020
1:125
For every 125 shares held, investors received 1. The price per share adjusted from $0.36 to $45.25.
The split itself did not change the total investment value.
Solstad Offshore ASA (OSL:SOFF) operates in the Marine shipping industry.
Solstad Offshore ASA company overviewSolstad Offshore ASA's most recent stock split was on October 21, 2020. It was a 1-for-125 reverse split, so shareholders received 1 share for every 125 they held.
Solstad Offshore ASA (OSL:SOFF) has split its stock 2 times: a 79-for-78 split on July 14, 2016 and a 1-for-125 reverse split on October 21, 2020.
Solstad Offshore ASA has split its stock 2 times. This history records 2 splits between July 14, 2016 and October 21, 2020.
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 Solstad Offshore ASA's 1-for-125 reverse split on October 21, 2020, every 125 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.
Solstad Offshore ASA has not announced a new split in our records. Its most recent split was on October 21, 2020, 6 years ago. Companies announce splits in advance, and any new OSL:SOFF split will appear on this page.
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