Dec 18, 2020
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
NEXE Innovations Inc (NEO:NEXE) operates in the Miscellaneous manufacturing industry.
NEXE Innovations Inc company overviewNEXE Innovations Inc's most recent stock split was on December 18, 2020. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
NEXE Innovations Inc has split its stock once. This history records one reverse split, on December 18, 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 NEXE Innovations Inc's 2-for-5 reverse split on December 18, 2020, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
NEXE Innovations Inc has not announced a new split in our records. Its most recent split was on December 18, 2020, 5 years ago. Companies announce splits in advance, and any new NEO:NEXE split will appear on this page.
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