Jun 05, 2023
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Crustal Resources AB Class B (NGM:CRUST.B) operates in the Other metals/Minerals industry.
Crustal Resources AB Class B company overviewCrustal Resources AB Class B's most recent stock split was on June 5, 2023. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Crustal Resources AB Class B (NGM:CRUST.B) has split its stock 2 times: a 14-for-11 split on October 4, 2021 and a 1-for-100 reverse split on June 5, 2023.
Crustal Resources AB Class B has split its stock 2 times. This history records 2 splits between October 4, 2021 and June 5, 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 Crustal Resources AB Class B's 1-for-100 reverse split on June 5, 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.
Crustal Resources AB Class B has not announced a new split in our records. Its most recent split was on June 5, 2023, 3 years ago. Companies announce splits in advance, and any new NGM:CRUST.B split will appear on this page.
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