Dec 05, 2024
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.02 to $10.50.
The split itself did not change the total investment value.
Fragbite Group AB (STO:FRAG) operates in the Packaged software industry.
Fragbite Group AB company overviewFragbite Group AB's most recent stock split was on December 5, 2024. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Fragbite Group AB has split its stock once. This history records one reverse split, on December 5, 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 Fragbite Group AB's 1-for-500 reverse split on December 5, 2024, 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.
Fragbite Group AB has not announced a new split in our records. Its most recent split was on December 5, 2024, 1 year ago. Companies announce splits in advance, and any new STO:FRAG split will appear on this page.
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