Feb 24, 2015
4:9
For every 9 shares held, investors received 4.
The split itself did not change the total investment value.
Kraken Robotics Inc (NEO:PNG) operates in the Aerospace & defense industry.
Kraken Robotics Inc company overviewKraken Robotics Inc's most recent stock split was on February 24, 2015. It was a 4-for-9 reverse split, so shareholders received 4 shares for every 9 they held.
Kraken Robotics Inc has split its stock once. This history records one reverse split, on February 24, 2015.
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 Kraken Robotics Inc's 4-for-9 reverse split on February 24, 2015, every 9 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Kraken Robotics Inc has not announced a new split in our records. Its most recent split was on February 24, 2015, 11 years ago. Companies announce splits in advance, and any new NEO:PNG split will appear on this page.
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