Oct 25, 2005
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.04 to $1.60.
The split itself did not change the total investment value.
FRONTIER ENERGY CORP (OTC:FRGY) operates in the Oil & gas production industry.
FRONTIER ENERGY CORP company overviewFRONTIER ENERGY CORP's most recent stock split was on October 25, 2005. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
FRONTIER ENERGY CORP (OTC:FRGY) has split its stock 5 times: a 1-for-4 reverse split on September 11, 1998, a 1-for-2 reverse split on April 4, 2001, a 1-for-20 reverse split on April 2, 2003, a 1-for-10 reverse split on January 7, 2005, and a 1-for-40 reverse split on October 25, 2005.
FRONTIER ENERGY CORP has split its stock 5 times. This history records 5 reverse splits between September 11, 1998 and October 25, 2005.
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 FRONTIER ENERGY CORP's 1-for-40 reverse split on October 25, 2005, every 40 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.
FRONTIER ENERGY CORP has not announced a new split in our records. Its most recent split was on October 25, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:FRGY split will appear on this page.
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