Split History
RCON split history picture
Recon Technology (RCON) has 1 split in our RCON split history database. The split for RCON took place on May 01, 2024. This was a 1 for 18 reverse split, meaning for each 18 shares of RCON owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 55.5555555555556 share position following the split.

When a company such as Recon Technology conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the RCON split history from start to finish, an original position size of 1000 shares would have turned into 55.5555555555556 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Recon Technology shares, starting with a $10,000 purchase of RCON, presented on a split-history-adjusted basis factoring in the complete RCON split history. RCON split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/25/2014
End date: 06/21/2024
Start price/share: $74.52
End price/share: $1.40
Dividends collected/share: $0.00
Total return: -98.12%
Average Annual Total Return: -32.80%
Starting investment: $10,000.00
Ending investment: $188.00
Years: 10.00
Recon Technology is a holding company. Through its subsidiaries, Co. provides hardware, software, and on-site services to companies primarily in the petroleum mining and extraction industry in China. Co. provides services designed to automate and improve the extraction of petroleum. Co. serves as the center of strategic management, financial control and human resources allocation for the Beijing BHD Petroleum Technology Co., Ltd. and Nanjing Recon Technology Co., Ltd. Co. provides equipment, tools and other hardware related to oilfield production and management and develops and sells Co.'s own industrial automation control and information solutions. According to our RCON split history records, Recon Technology has had 1 split.
Date Ratio
05/01/20241 for 18
RCON is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

REI Split History
REN Split History
REPX Split History
RES Split History
REX Split History
REXX Split History
RIG Split History
RMP Split History
RMS Split History
ROYL Split History

Also explore: RCON shares outstanding history

Email EnvelopeFree RCON Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Crown Electrokinetics Corp. (CRKN)
Medalist Diversified REIT, Inc. (MDRR)
Medalist Diversified REIT, Inc. (MDRR)
Qilian International Holding Group Limited (QLI)
Bluejay Diagnostics, Inc. (BJDX)
Atara Biotherapeutics, Inc. (ATRA)
GRI Bio, Inc. (GRI)
Williams-Sonoma, Inc. (WSM)
Workhorse Group Inc. (WKHS)
Virgin Galactic Holdings, Inc. (SPCE)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

RCON Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Wait! Don't leave yet.
Want to receive our latest research absolutely free?

Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.