Latest Stock Split Details
Key information about Galmed Pharmaceuticals Ltd.'s most recent stock split
Split Date: 2024-08-30
Split Ratio: 1:12
Price Before Split: $0.28
Price After Split: $0.02
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 12.00 times fewer shares (a 1:12 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Galmed Pharmaceuticals Ltd.'s stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2024-08-30 | 1:12 | Yes | $0.28 | $0.02 |
| 2023-05-15 | 1:15 | Yes | $0.28 | $0.02 |
About Galmed Pharmaceuticals Ltd.
Company overview and industry information
Galmed Pharmaceuticals Ltd. (GLMD) operates in the Biotechnology industry. The recent 1-for-12 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Biotechnology
Go to Galmed Pharmaceuticals Ltd. Summary