Jun 15, 2023
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.11 to $10.90.
The split itself did not change the total investment value.
Coegin Pharma AB (NGM:COEGIN) operates in the Pharmaceuticals: major industry.
Coegin Pharma AB company overviewCoegin Pharma AB's most recent stock split was on June 15, 2023. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Coegin Pharma AB (NGM:COEGIN) has split its stock 5 times: a 772-for-611 split on November 26, 2018, a 661-for-639 split on June 12, 2019, a 536-for-533 split on March 4, 2021, a 408-for-395 split on January 12, 2023, and a 1-for-100 reverse split on June 15, 2023.
Coegin Pharma AB has split its stock 5 times. This history records 5 splits between November 26, 2018 and June 15, 2023.
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 Coegin Pharma AB's 1-for-100 reverse split on June 15, 2023, every 100 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.
Coegin Pharma AB has not announced a new split in our records. Its most recent split was on June 15, 2023, 3 years ago. Companies announce splits in advance, and any new NGM:COEGIN split will appear on this page.
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