Mar 03, 2006
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
SOUTHERN PACIFIC RESOURCE CORP (OTC:STPJF) operates in the Oil & gas production industry.
SOUTHERN PACIFIC RESOURCE CORP company overviewSOUTHERN PACIFIC RESOURCE CORP's most recent stock split was on March 3, 2006. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
SOUTHERN PACIFIC RESOURCE CORP has split its stock once. This history records one reverse split, on March 3, 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 SOUTHERN PACIFIC RESOURCE CORP's 1-for-3 reverse split on March 3, 2006, every 3 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.
SOUTHERN PACIFIC RESOURCE CORP has not announced a new split in our records. Its most recent split was on March 3, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:STPJF split will appear on this page.
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