Sep 24, 2024
1:400
For every 400 shares held, investors received 1.
The split itself did not change the total investment value.
Medicortex International AB (publ) Class B (NGM:MEDFIN.B) operates in the Household/Personal care industry.
Medicortex International AB (publ) Class B company overviewMedicortex International AB (publ) Class B's most recent stock split was on September 24, 2024. It was a 1-for-400 reverse split, so shareholders received 1 share for every 400 they held.
Medicortex International AB (publ) Class B (NGM:MEDFIN.B) has split its stock 3 times: a 10-for-1 split on March 1, 2022, a 80-for-23 split on March 7, 2024, and a 1-for-400 reverse split on September 24, 2024.
Medicortex International AB (publ) Class B has split its stock 3 times. This history records 3 splits between March 1, 2022 and September 24, 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 Medicortex International AB (publ) Class B's 1-for-400 reverse split on September 24, 2024, every 400 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.
Medicortex International AB (publ) Class B has not announced a new split in our records. Its most recent split was on September 24, 2024, 2 years ago. Companies announce splits in advance, and any new NGM:MEDFIN.B split will appear on this page.
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