---
title: "ProShares announces reverse splits for BOIL and SCO, effective May 28; new CUSIPs issued"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286146475.md"
description: "ProShares has announced reverse share splits for its funds BOIL and SCO, effective May 28, 2026. BOIL will undergo a 1-for-2 reverse split, while SCO will execute a 1-for-4 reverse split. New CUSIPs will be issued: 74347Y664 for BOIL and 74347Y656 for SCO. The ticker symbols will remain unchanged. These splits will increase the per-share price and proportionately reduce the number of shares outstanding. Fractional shares post-split will be cashed out via brokers, potentially triggering taxable gains or losses for shareholders."
datetime: "2026-05-12T19:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286146475.md)
  - [en](https://longbridge.com/en/news/286146475.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286146475.md)
---

# ProShares announces reverse splits for BOIL and SCO, effective May 28; new CUSIPs issued

**ProShares announced reverse share splits for BOIL (1-for-2) and SCO (1-for-4), effective May 28, 2026.**

**Key Highlights:**

-   BOIL will execute a 1-for-2 reverse split effective prior to market open on May 28, 2026; new CUSIP 74347Y664.
-   SCO will execute a 1-for-4 reverse split effective prior to market open on May 28, 2026; new CUSIP 74347Y656.
-   Ticker symbols will remain unchanged; splits increase per-share price and proportionately reduce shares outstanding.
-   Fractional post-split shares will be cashed out via brokers, which may trigger taxable gains or losses for some shareholders.

Original SEC Filing: ProShares Trust II \[ UVXY \] - 8-K - May. 12, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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