May 27, 1998
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.13 to $1.25.
The split itself did not change the total investment value.
FEC Resources Inc. (OTC:FECOF) operates in the Oil & gas production industry.
FEC Resources Inc. company overviewFEC Resources Inc.'s most recent stock split was on May 27, 1998. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
FEC Resources Inc. has split its stock once. This history records one reverse split, on May 27, 1998.
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 FEC Resources Inc.'s 1-for-10 reverse split on May 27, 1998, every 10 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.
FEC Resources Inc. has not announced a new split in our records. Its most recent split was on May 27, 1998, 28 years ago. Companies announce splits in advance, and any new OTC:FECOF split will appear on this page.
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