Jul 29, 2022
1:150
For every 150 shares held, investors received 1. The price per share adjusted from $0.30 to $45.00.
The split itself did not change the total investment value.
Quantum Energy, Inc. (OTC:QREE) operates in the Oil refining/Marketing industry.
Quantum Energy, Inc. company overviewQuantum Energy, Inc.'s most recent stock split was on July 29, 2022. It was a 1-for-150 reverse split, so shareholders received 1 share for every 150 they held.
Quantum Energy, Inc. (OTC:QREE) has split its stock 4 times: a 10-for-1 split on September 13, 2005, a 1-for-1000 reverse split on September 21, 2010, a 150-for-1 split on November 18, 2013, and a 1-for-150 reverse split on July 29, 2022.
Quantum Energy, Inc. has split its stock 4 times. This history records 4 splits between September 13, 2005 and July 29, 2022.
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 Quantum Energy, Inc.'s 1-for-150 reverse split on July 29, 2022, every 150 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.
Quantum Energy, Inc. has not announced a new split in our records. Its most recent split was on July 29, 2022, 4 years ago. Companies announce splits in advance, and any new OTC:QREE split will appear on this page.