Aug 11, 2015
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.01 to $0.15.
The split itself did not change the total investment value.
Columbus Energy Limited (TSXV:CEL.H) operates in the Integrated oil industry.
Columbus Energy Limited company overviewColumbus Energy Limited's most recent stock split was on August 11, 2015. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
Columbus Energy Limited (TSXV:CEL.H) has split its stock 3 times: a 3-for-1 split on January 21, 2005, a 1-for-6 reverse split on September 12, 2008, and a 1-for-30 reverse split on August 11, 2015.
Columbus Energy Limited has split its stock 3 times. This history records 3 splits between January 21, 2005 and August 11, 2015.
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 Columbus Energy Limited's 1-for-30 reverse split on August 11, 2015, every 30 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.
Columbus Energy Limited has not announced a new split in our records. Its most recent split was on August 11, 2015, 11 years ago. Companies announce splits in advance, and any new TSXV:CEL.H split will appear on this page.
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