Aug 20, 2021
2:17
For every 17 shares held, investors received 2. The price per share adjusted from $0.43 to $3.65.
The split itself did not change the total investment value.
Surge Energy Inc. (TSX:SGY) operates in the Oil & gas production industry.
Surge Energy Inc. company overviewSurge Energy Inc.'s most recent stock split was on August 20, 2021. It was a 2-for-17 reverse split, so shareholders received 2 shares for every 17 they held.
Surge Energy Inc. (TSX:SGY) has split its stock 2 times: a 2-for-1 split on June 21, 2006 and a 2-for-17 reverse split on August 20, 2021.
Surge Energy Inc. has split its stock 2 times. This history records 2 splits between June 21, 2006 and August 20, 2021.
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 Surge Energy Inc.'s 2-for-17 reverse split on August 20, 2021, every 17 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Surge Energy Inc. has not announced a new split in our records. Its most recent split was on August 20, 2021, 5 years ago. Companies announce splits in advance, and any new TSX:SGY split will appear on this page.
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