Jul 07, 2023
952763:1000000
For every 1000000 shares held, investors received 952763. The price per share adjusted from $4.52 to $4.74.
The split itself did not change the total investment value.
Novabase SGPS SA (EURONEXT:NBA) operates in the Information technology services industry.
Novabase SGPS SA company overviewNovabase SGPS SA's most recent stock split was on July 7, 2023. It was a 952763-for-1000000 reverse split, so shareholders received 952763 shares for every 1000000 they held.
Novabase SGPS SA (EURONEXT:NBA) has split its stock 2 times: a 35467-for-40000 reverse split on April 27, 2023 and a 952763-for-1000000 reverse split on July 7, 2023.
Novabase SGPS SA has split its stock 2 times. This history records 2 reverse splits between April 27, 2023 and July 7, 2023.
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 Novabase SGPS SA's 952763-for-1000000 reverse split on July 7, 2023, every 1000000 shares became 952763 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Novabase SGPS SA has not announced a new split in our records. Its most recent split was on July 7, 2023, 3 years ago. Companies announce splits in advance, and any new EURONEXT:NBA split will appear on this page.
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