Jun 25, 2020
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Global Crossing Airlines Group, Inc. (NEO:JET) operates in the Airlines industry.
Global Crossing Airlines Group, Inc. company overviewGlobal Crossing Airlines Group, Inc.'s most recent stock split was on June 25, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Global Crossing Airlines Group, Inc. (NEO:JET) has split its stock 5 times: a 1-for-3 reverse split on September 21, 1999, a 1-for-4 reverse split on December 20, 2010, a 1-for-10 reverse split on September 23, 2013, a 2-for-3 reverse split on March 7, 2017, and a 1-for-10 reverse split on June 25, 2020.
Global Crossing Airlines Group, Inc. has split its stock 5 times. This history records 5 reverse splits between September 21, 1999 and June 25, 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 Global Crossing Airlines Group, Inc.'s 1-for-10 reverse split on June 25, 2020, every 10 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.
Global Crossing Airlines Group, Inc. has not announced a new split in our records. Its most recent split was on June 25, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:JET split will appear on this page.