NFO DRIVES AB
NNGM:NFOLatest Stock Split
Nov 25, 2020
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $23.90 to $2390.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Nov 25, 2020Before$23.90Split ratio1:100After$2390.00Reverse
About NFO DRIVES AB stock splits
NFO DRIVES AB (NGM:NFO) operates in the Electrical products industry.
NFO DRIVES AB company overviewWhen did NFO DRIVES AB stock split?
NFO DRIVES AB's most recent stock split was on November 25, 2020. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
How many times has NFO DRIVES AB stock split?
NFO DRIVES AB has split its stock once. This history records one reverse split, on November 25, 2020.
What is a reverse stock split?
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 NFO DRIVES AB's 1-for-100 reverse split on November 25, 2020, 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.
Will NFO DRIVES AB split its stock again?
NFO DRIVES AB has not announced a new split in our records. Its most recent split was on November 25, 2020, 5 years ago. Companies announce splits in advance, and any new NGM:NFO split will appear on this page.