Jan 05, 2021
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.51 to $2.04.
The split itself did not change the total investment value.
CARBON ENERGY CORPORATION (OTC:CRBO) operates in the Integrated oil industry.
CARBON ENERGY CORPORATION company overviewCARBON ENERGY CORPORATION's most recent stock split was on January 5, 2021. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
CARBON ENERGY CORPORATION (OTC:CRBO) has split its stock 2 times: a 1-for-20 reverse split on March 22, 2017 and a 1-for-4 reverse split on January 5, 2021.
CARBON ENERGY CORPORATION has split its stock 2 times. This history records 2 reverse splits between March 22, 2017 and 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 CARBON ENERGY CORPORATION's 1-for-4 reverse split on January 5, 2021, every 4 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.
CARBON ENERGY CORPORATION 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 OTC:CRBO split will appear on this page.