Oct 21, 2020
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.08 to $7.54.
The split itself did not change the total investment value.
Globus Maritime Limited (NASDAQ:GLBS) operates in the Marine shipping industry.
Globus Maritime Limited company overviewGlobus Maritime Limited's most recent stock split was on October 21, 2020. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Globus Maritime Limited (NASDAQ:GLBS) has split its stock 4 times: a 1-for-4 reverse split on July 29, 2010, a 1-for-4 reverse split on October 20, 2016, a 1-for-10 reverse split on October 15, 2018, and a 1-for-100 reverse split on October 21, 2020.
Globus Maritime Limited has split its stock 4 times. This history records 4 reverse splits between July 29, 2010 and October 21, 2020.
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 Globus Maritime Limited's 1-for-100 reverse split on October 21, 2020, 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.
Globus Maritime Limited has not announced a new split in our records. Its most recent split was on October 21, 2020, 6 years ago. Companies announce splits in advance, and any new NASDAQ:GLBS split will appear on this page.
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