Jan 08, 2021
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $1.42 to $28.40.
The split itself did not change the total investment value.
Bluelake Mineral AB (NGM:BLUE) operates in the Other metals/Minerals industry.
Bluelake Mineral AB company overviewBluelake Mineral AB's most recent stock split was on January 8, 2021. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Bluelake Mineral AB (NGM:BLUE) has split its stock 2 times: a 62-for-59 split on January 17, 2018 and a 1-for-20 reverse split on January 8, 2021.
Bluelake Mineral AB has split its stock 2 times. This history records 2 splits between January 17, 2018 and January 8, 2021.
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 Bluelake Mineral AB's 1-for-20 reverse split on January 8, 2021, every 20 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.
Bluelake Mineral AB has not announced a new split in our records. Its most recent split was on January 8, 2021, 5 years ago. Companies announce splits in advance, and any new NGM:BLUE split will appear on this page.
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