Jun 02, 2022
1:500
For every 500 shares held, investors received 1.
The split itself did not change the total investment value.
Grangex AB (STO:GRANGX) operates in the Other metals/Minerals industry.
Grangex AB company overviewGrangex AB's most recent stock split was on June 2, 2022. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Grangex AB (STO:GRANGX) has split its stock 7 times: a 1-for-100 reverse split on May 31, 2011, a 52-for-29 split on March 13, 2014, a 18-for-17 split on January 19, 2015, a 1-for-100 reverse split on December 8, 2015, a 148-for-97 split on April 18, 2017, a 77-for-62 split on December 21, 2020, and a 1-for-500 reverse split on June 2, 2022.
Grangex AB has split its stock 7 times. This history records 7 splits between May 31, 2011 and June 2, 2022.
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 Grangex AB's 1-for-500 reverse split on June 2, 2022, 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.
Grangex AB has not announced a new split in our records. Its most recent split was on June 2, 2022, 4 years ago. Companies announce splits in advance, and any new STO:GRANGX split will appear on this page.
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