May 30, 2008
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
XXL Energy Corp. (TSXV:XL) operates in the Integrated oil industry.
XXL Energy Corp. company overviewXXL Energy Corp.'s most recent stock split was on May 30, 2008. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
XXL Energy Corp. (TSXV:XL) has split its stock 3 times: a 1-for-4 reverse split on October 15, 2001, a 5-for-1 split on February 8, 2006, and a 1-for-20 reverse split on May 30, 2008.
XXL Energy Corp. has split its stock 3 times. This history records 3 splits between October 15, 2001 and May 30, 2008.
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 XXL Energy Corp.'s 1-for-20 reverse split on May 30, 2008, every 20 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.
XXL Energy Corp. has not announced a new split in our records. Its most recent split was on May 30, 2008, 18 years ago. Companies announce splits in advance, and any new TSXV:XL split will appear on this page.
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