Neogrid Participacoes SA

Neogrid Participacoes SA

34.28
BRL
+0.54
(+1.60%)
-1.10EPS
265.97MMarket Cap

Latest Stock Split

Oct 08, 2024

1:25

For every 25 shares held, investors received 1. The price per share adjusted from $1.15 to $28.75.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 08, 2024
    Before$1.15
    Split ratio1:25
    After$28.75
    Reverse

About Neogrid Participacoes SA stock splits

Neogrid Participacoes SA (B3:NGRD3) operates in the Information technology services industry.

Neogrid Participacoes SA company overview

When did Neogrid Participacoes SA stock split?

Neogrid Participacoes SA's most recent stock split was on October 8, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.

How many times has Neogrid Participacoes SA stock split?

Neogrid Participacoes SA has split its stock once. This history records one reverse split, on October 8, 2024.

What is a reverse stock split?

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 Neogrid Participacoes SA's 1-for-25 reverse split on October 8, 2024, every 25 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.

Will Neogrid Participacoes SA split its stock again?

Neogrid Participacoes SA has not announced a new split in our records. Its most recent split was on October 8, 2024, 2 years ago. Companies announce splits in advance, and any new B3:NGRD3 split will appear on this page.