Apr 22, 2010
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
TESLA EXPLORATION LTD (OTC:TXLZF) operates in the Oil & gas production industry.
TESLA EXPLORATION LTD company overviewTESLA EXPLORATION LTD's most recent stock split was on April 22, 2010. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
TESLA EXPLORATION LTD (OTC:TXLZF) has split its stock 2 times: a 1-for-10 reverse split on February 1, 2002 and a 1-for-8 reverse split on April 22, 2010.
TESLA EXPLORATION LTD has split its stock 2 times. This history records 2 reverse splits between February 1, 2002 and April 22, 2010.
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 TESLA EXPLORATION LTD's 1-for-8 reverse split on April 22, 2010, every 8 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.
TESLA EXPLORATION LTD has not announced a new split in our records. Its most recent split was on April 22, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:TXLZF split will appear on this page.
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