Jun 10, 2013
1:29
For every 29 shares held, investors received 1. The price per share adjusted from $1.92 to $55.62.
The split itself did not change the total investment value.
EXALT AB (NGM:EXALT) operates in the Information technology services industry.
EXALT AB company overviewEXALT AB's most recent stock split was on June 10, 2013. It was a 1-for-29 reverse split, so shareholders received 1 share for every 29 they held.
EXALT AB has split its stock once. This history records one reverse split, on June 10, 2013.
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 EXALT AB's 1-for-29 reverse split on June 10, 2013, every 29 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.
EXALT AB has not announced a new split in our records. Its most recent split was on June 10, 2013, 13 years ago. Companies announce splits in advance, and any new NGM:EXALT split will appear on this page.
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