Aug 29, 2024
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.02 to $2.44.
The split itself did not change the total investment value.
Netmedia Group (EURONEXT:ALNMG) operates in the Miscellaneous commercial services industry.
Netmedia Group company overviewNetmedia Group's most recent stock split was on August 29, 2024. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Netmedia Group (EURONEXT:ALNMG) has split its stock 2 times: a 5-for-1 split on June 27, 2000 and a 1-for-100 reverse split on August 29, 2024.
Netmedia Group has split its stock 2 times. This history records 2 splits between June 27, 2000 and August 29, 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 Netmedia Group's 1-for-100 reverse split on August 29, 2024, every 100 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.
Netmedia Group has not announced a new split in our records. Its most recent split was on August 29, 2024, 2 years ago. Companies announce splits in advance, and any new EURONEXT:ALNMG split will appear on this page.
Already premium?