Feb 02, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $18.08 to $90.40.
The split itself did not change the total investment value.
Frontline Plc (STO:FROO) operates in the Marine shipping industry.
Frontline Plc company overviewFrontline Plc's most recent stock split was on February 2, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Frontline Plc (STO:FROO) has split its stock 3 times: a 4-for-1 split on May 12, 1998, a 1-for-10 reverse split on October 26, 1998, and a 1-for-5 reverse split on February 2, 2016.
Frontline Plc has split its stock 3 times. This history records 3 splits between May 12, 1998 and February 2, 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 Frontline Plc's 1-for-5 reverse split on February 2, 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.
Frontline Plc has not announced a new split in our records. Its most recent split was on February 2, 2016, 10 years ago. Companies announce splits in advance, and any new STO:FROO split will appear on this page.
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