Sep 08, 2023
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.19 to $7.50.
The split itself did not change the total investment value.
Neptune Wellness Solutions Inc. (OTC:NEPTF) operates in the Pharmaceuticals: other industry.
Neptune Wellness Solutions Inc. company overviewNeptune Wellness Solutions Inc.'s most recent stock split was on September 8, 2023. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Neptune Wellness Solutions Inc. (OTC:NEPTF) has split its stock 2 times: a 1-for-35 reverse split on June 13, 2022 and a 1-for-40 reverse split on September 8, 2023.
Neptune Wellness Solutions Inc. has split its stock 2 times. This history records 2 reverse splits between June 13, 2022 and September 8, 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 Neptune Wellness Solutions Inc.'s 1-for-40 reverse split on September 8, 2023, every 40 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.
Neptune Wellness Solutions Inc. has not announced a new split in our records. Its most recent split was on September 8, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:NEPTF split will appear on this page.
Already premium?