Mar 14, 2024
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.02 to $0.04.
The split itself did not change the total investment value.
Shoal Point Energy Ltd. (OTC:SHPNF) operates in the Oil & gas production industry.
Shoal Point Energy Ltd. company overviewShoal Point Energy Ltd.'s most recent stock split was on March 14, 2024. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Shoal Point Energy Ltd. (OTC:SHPNF) has split its stock 3 times: a 1-for-25 reverse split on February 12, 2018, a 1-for-2 reverse split on April 27, 2023, and a 1-for-2 reverse split on March 14, 2024.
Shoal Point Energy Ltd. has split its stock 3 times. This history records 3 reverse splits between February 12, 2018 and March 14, 2024.
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 Shoal Point Energy Ltd.'s 1-for-2 reverse split on March 14, 2024, every 2 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.
Shoal Point Energy Ltd. has not announced a new split in our records. Its most recent split was on March 14, 2024, 2 years ago. Companies announce splits in advance, and any new OTC:SHPNF split will appear on this page.
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