Jan 11, 2024
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $5.92 to $11.84.
The split itself did not change the total investment value.
VIDHANCE AB (NGM:VIDH) operates in the Packaged software industry.
VIDHANCE AB company overviewVIDHANCE AB's most recent stock split was on January 11, 2024. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
VIDHANCE AB has split its stock once. This history records one reverse split, on January 11, 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 VIDHANCE AB's 1-for-2 reverse split on January 11, 2024, every 2 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.
VIDHANCE AB has not announced a new split in our records. Its most recent split was on January 11, 2024, 2 years ago. Companies announce splits in advance, and any new NGM:VIDH split will appear on this page.
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