Sep 06, 2005
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.50.
The split itself did not change the total investment value.
GOLDEN APPLE OIL & GAS INC (OTC:GAPJ) operates in the Oil & gas production industry.
GOLDEN APPLE OIL & GAS INC company overviewGOLDEN APPLE OIL & GAS INC's most recent stock split was on September 6, 2005. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
GOLDEN APPLE OIL & GAS INC (OTC:GAPJ) has split its stock 2 times: a 2-for-1 split on June 17, 2005 and a 1-for-50 reverse split on September 6, 2005.
GOLDEN APPLE OIL & GAS INC has split its stock 2 times. This history records 2 splits between June 17, 2005 and September 6, 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 GOLDEN APPLE OIL & GAS INC's 1-for-50 reverse split on September 6, 2005, every 50 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.
GOLDEN APPLE OIL & GAS INC has not announced a new split in our records. Its most recent split was on September 6, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:GAPJ split will appear on this page.
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