Jan 14, 2025
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.13 to $13.35.
The split itself did not change the total investment value.
Nordic Flanges Group AB (STO:NFGAB) operates in the Industrial machinery industry.
Nordic Flanges Group AB company overviewNordic Flanges Group AB's most recent stock split was on January 14, 2025. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Nordic Flanges Group AB (STO:NFGAB) has split its stock 3 times: a 155-for-92 split on June 3, 2010, a 56-for-47 split on February 3, 2022, and a 1-for-100 reverse split on January 14, 2025.
Nordic Flanges Group AB has split its stock 3 times. This history records 3 splits between June 3, 2010 and January 14, 2025.
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 Nordic Flanges Group AB's 1-for-100 reverse split on January 14, 2025, every 100 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.
Nordic Flanges Group AB has not announced a new split in our records. Its most recent split was on January 14, 2025, 1 year ago. Companies announce splits in advance, and any new STO:NFGAB split will appear on this page.
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