Jun 04, 2024
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Saba Energy Ltd. (TSXV:SABA) operates in the Integrated oil industry.
Saba Energy Ltd. company overviewSaba Energy Ltd.'s most recent stock split was on June 4, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Saba Energy Ltd. has split its stock once. This history records one reverse split, on June 4, 2024.
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 Saba Energy Ltd.'s 1-for-5 reverse split on June 4, 2024, 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.
Saba Energy Ltd. has not announced a new split in our records. Its most recent split was on June 4, 2024, 2 years ago. Companies announce splits in advance, and any new TSXV:SABA split will appear on this page.
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