Sep 26, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.01 to $0.04.
The split itself did not change the total investment value.
ROK Resources, Inc. Class B (OTC:ROKRF) operates in the Oil & gas production industry.
ROK Resources, Inc. Class B company overviewROK Resources, Inc. Class B's most recent stock split was on September 26, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
ROK Resources, Inc. Class B (OTC:ROKRF) has split its stock 2 times: a 1-for-10 reverse split on December 5, 2014 and a 1-for-5 reverse split on September 26, 2016.
ROK Resources, Inc. Class B has split its stock 2 times. This history records 2 reverse splits between December 5, 2014 and September 26, 2016.
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 ROK Resources, Inc. Class B's 1-for-5 reverse split on September 26, 2016, every 5 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.
ROK Resources, Inc. Class B has not announced a new split in our records. Its most recent split was on September 26, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:ROKRF split will appear on this page.
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