Aug 04, 2022
1:120
For every 120 shares held, investors received 1. The price per share adjusted from $0.04 to $4.20.
The split itself did not change the total investment value.
Western Energy Services Corp. (TSX:WRG) operates in the Contract drilling industry.
Western Energy Services Corp. company overviewWestern Energy Services Corp.'s most recent stock split was on August 4, 2022. It was a 1-for-120 reverse split, so shareholders received 1 share for every 120 they held.
Western Energy Services Corp. (TSX:WRG) has split its stock 4 times: a 1-for-2 reverse split on October 21, 2002, a 1-for-12 reverse split on September 8, 2008, a 1-for-20 reverse split on June 22, 2011, and a 1-for-120 reverse split on August 4, 2022.
Western Energy Services Corp. has split its stock 4 times. This history records 4 reverse splits between October 21, 2002 and August 4, 2022.
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 Western Energy Services Corp.'s 1-for-120 reverse split on August 4, 2022, every 120 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.
Western Energy Services Corp. has not announced a new split in our records. Its most recent split was on August 4, 2022, 4 years ago. Companies announce splits in advance, and any new TSX:WRG split will appear on this page.
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