Dec 11, 2023
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
CANNOVUM CANNABIS AG (STU:27N0) operates in the Pharmaceuticals: major industry.
CANNOVUM CANNABIS AG company overviewCANNOVUM CANNABIS AG's most recent stock split was on December 11, 2023. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
CANNOVUM CANNABIS AG has split its stock once. This history records one reverse split, on December 11, 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 CANNOVUM CANNABIS AG's 1-for-5 reverse split on December 11, 2023, every 5 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.
CANNOVUM CANNABIS AG has not announced a new split in our records. Its most recent split was on December 11, 2023, 2 years ago. Companies announce splits in advance, and any new STU:27N0 split will appear on this page.
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