Aug 25, 2023
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.02 to $11.00.
The split itself did not change the total investment value.
Real Fastigheter AB Class B (NGM:REAL) operates in the Real estate development industry.
Real Fastigheter AB Class B company overviewReal Fastigheter AB Class B's most recent stock split was on August 25, 2023. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Real Fastigheter AB Class B has split its stock once. This history records one reverse split, on August 25, 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 Real Fastigheter AB Class B's 1-for-500 reverse split on August 25, 2023, every 500 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.
Real Fastigheter AB Class B has not announced a new split in our records. Its most recent split was on August 25, 2023, 3 years ago. Companies announce splits in advance, and any new NGM:REAL split will appear on this page.
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