Jan 10, 2007
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.02 to $0.33.
The split itself did not change the total investment value.
NORTHAMERICAN ENERGY GROUP CORP (OTC:NNYR) operates in the Oil & gas production industry.
NORTHAMERICAN ENERGY GROUP CORP company overviewNORTHAMERICAN ENERGY GROUP CORP's most recent stock split was on January 10, 2007. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
NORTHAMERICAN ENERGY GROUP CORP (OTC:NNYR) has split its stock 2 times: a 1-for-2 reverse split on August 10, 2005 and a 1-for-20 reverse split on January 10, 2007.
NORTHAMERICAN ENERGY GROUP CORP has split its stock 2 times. This history records 2 reverse splits between August 10, 2005 and January 10, 2007.
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 NORTHAMERICAN ENERGY GROUP CORP's 1-for-20 reverse split on January 10, 2007, every 20 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.
NORTHAMERICAN ENERGY GROUP CORP has not announced a new split in our records. Its most recent split was on January 10, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:NNYR split will appear on this page.