Sep 04, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.35 to $13.50.
The split itself did not change the total investment value.
Nodebis Applications AB (NGM:NODE) operates in the Information technology services industry.
Nodebis Applications AB company overviewNodebis Applications AB's most recent stock split was on September 4, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nodebis Applications AB (NGM:NODE) has split its stock 2 times: a 50-for-57 reverse split on May 19, 2023 and a 1-for-10 reverse split on September 4, 2023.
Nodebis Applications AB has split its stock 2 times. This history records 2 reverse splits between May 19, 2023 and September 4, 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 Nodebis Applications AB's 1-for-10 reverse split on September 4, 2023, every 10 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.
Nodebis Applications AB has not announced a new split in our records. Its most recent split was on September 4, 2023, 3 years ago. Companies announce splits in advance, and any new NGM:NODE split will appear on this page.
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