Feb 09, 2006
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.00 to $0.25.
The split itself did not change the total investment value.
Gaensel Energy Group, Inc. (OTC:GEGR) operates in the Financial conglomerates industry.
Gaensel Energy Group, Inc. company overviewGaensel Energy Group, Inc.'s most recent stock split was on February 9, 2006. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Gaensel Energy Group, Inc. (OTC:GEGR) has split its stock 3 times: a 1-for-4 reverse split on September 22, 1997, a 3-for-1 split on May 9, 2002, and a 1-for-100 reverse split on February 9, 2006.
Gaensel Energy Group, Inc. has split its stock 3 times. This history records 3 splits between September 22, 1997 and February 9, 2006.
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 Gaensel Energy Group, Inc.'s 1-for-100 reverse split on February 9, 2006, every 100 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.
Gaensel Energy Group, Inc. has not announced a new split in our records. Its most recent split was on February 9, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:GEGR split will appear on this page.