RGC Resources Inc
NASDAQ:RGCO
RGCO's latest stock split occurred on Mar 2, 2017
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
Before the split, RGCO traded at 28 per share. Afterward, the share price was about 15.9199.
The adjusted shares began trading on Mar 2, 2017. This was RGCO's 3rd stock split, following the previous one in Sep 2, 2011.
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RGC Resources Inc
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RGC Resources, Inc. operates as a holding company. The company is headquartered in Roanoke, Virginia and currently employs 99 full-time employees. The company is primarily engaged in the sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about six metering stations through, which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. The company has approximately 1,157 miles of transmission and distribution pipeline.
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