Jun 18, 2007
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.07 to $1.40.
The split itself did not change the total investment value.
Novagant Corp. (OTC:NVGT) operates in the Air freight/Couriers industry.
Novagant Corp. company overviewNovagant Corp.'s most recent stock split was on June 18, 2007. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Novagant Corp. (OTC:NVGT) has split its stock 4 times: a 1-for-200 reverse split on October 21, 2002, a 1-for-9 reverse split on September 29, 2004, a 1-for-30 reverse split on November 21, 2006, and a 1-for-20 reverse split on June 18, 2007.
Novagant Corp. has split its stock 4 times. This history records 4 reverse splits between October 21, 2002 and June 18, 2007.
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 Novagant Corp.'s 1-for-20 reverse split on June 18, 2007, every 20 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.
Novagant Corp. has not announced a new split in our records. Its most recent split was on June 18, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:NVGT split will appear on this page.
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