Aug 08, 2005
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
United Energy Group Limited (OTC:UNEGF) operates in the Integrated oil industry.
United Energy Group Limited company overviewUnited Energy Group Limited's most recent stock split was on August 8, 2005. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
United Energy Group Limited (OTC:UNEGF) has split its stock 2 times: a 13-for-12 split on June 10, 1999 and a 1-for-10 reverse split on August 8, 2005.
United Energy Group Limited has split its stock 2 times. This history records 2 splits between June 10, 1999 and August 8, 2005.
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 United Energy Group Limited's 1-for-10 reverse split on August 8, 2005, every 10 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.
United Energy Group Limited has not announced a new split in our records. Its most recent split was on August 8, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:UNEGF split will appear on this page.
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