Jun 23, 2015
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $6.48 to $38.88.
The split itself did not change the total investment value.
QBNK HOLDING AB (NGM:QBNK) operates in the Packaged software industry.
QBNK HOLDING AB company overviewQBNK HOLDING AB's most recent stock split was on June 23, 2015. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
QBNK HOLDING AB has split its stock once. This history records one reverse split, on June 23, 2015.
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 QBNK HOLDING AB's 1-for-6 reverse split on June 23, 2015, every 6 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.
QBNK HOLDING AB has not announced a new split in our records. Its most recent split was on June 23, 2015, 11 years ago. Companies announce splits in advance, and any new NGM:QBNK split will appear on this page.
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