Jun 12, 2024
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.03 to $29.00.
The split itself did not change the total investment value.
Avsalt Group AB (NGM:AVSALT) operates in the Packaged software industry.
Avsalt Group AB company overviewAvsalt Group AB's most recent stock split was on June 12, 2024. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Avsalt Group AB has split its stock once. This history records one reverse split, on June 12, 2024.
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 Avsalt Group AB's 1-for-1000 reverse split on June 12, 2024, every 1000 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.
Avsalt Group AB has not announced a new split in our records. Its most recent split was on June 12, 2024, 2 years ago. Companies announce splits in advance, and any new NGM:AVSALT split will appear on this page.
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