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.
Neogrid Participacoes SA (B3:NGRD3) operates in the Information technology services industry.
Neogrid Participacoes SA company overviewNeogrid 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.
Neogrid Participacoes SA has split its stock once. This history records one reverse split, on October 8, 2024.
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.
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.
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