Dec 10, 2021
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.31 to $31.40.
The split itself did not change the total investment value.
Online Brands Nordic AB (STO:OBAB) operates in the Internet retail industry.
Online Brands Nordic AB company overviewOnline Brands Nordic AB's most recent stock split was on December 10, 2021. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Online Brands Nordic AB (STO:OBAB) has split its stock 4 times: a 1-for-5 reverse split on November 16, 2011, a 212-for-209 split on March 26, 2018, a 237-for-125 split on February 24, 2021, and a 1-for-100 reverse split on December 10, 2021.
Online Brands Nordic AB has split its stock 4 times. This history records 4 splits between November 16, 2011 and December 10, 2021.
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 Online Brands Nordic AB's 1-for-100 reverse split on December 10, 2021, 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.
Online Brands Nordic AB has not announced a new split in our records. Its most recent split was on December 10, 2021, 4 years ago. Companies announce splits in advance, and any new STO:OBAB split will appear on this page.
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