Companies:
49,825
Total Market Cap:
139399631590724.86
Global Rank
#29105
Country Rank
#51
Market Cap
54.72 M
Price
0.0109
Change (%)
0.00%
Volume
174,869
NEM Insurance Plc (NGX-NEM) Stock Split History
This company has undergone a total of two stock splits throughout its history. One forward splits were executed, enhancing liquidity and increasing share accessibility. One reverse splits occurred, consolidating shares and stabilizing stock prices. The most recent split occurred on 12/29/2021 with a ratio of 1-for-2. If an investor had purchased one share prior to the first split on 12/17/2020, that single share would now have grown to 0.95 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| 12/29/2021 | 1:2 | x0.5 | x0.95 | Reverse |
| 12/17/2020 | 1.9:1 | x1.9 | x1.9 | Forward |
Frequently Asked Questions
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How much would NEM Insurance Plc stock be worth if it never split?If NEM Insurance Plc (stock symbol: NGX-NEM) had never undergone any stock splits, its price per share today would be approximately 0.01 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1-for-2) that occurred on 12/29/2021.
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Has NEM Insurance Plc stock ever split?NEM Insurance Plc (stock symbol: NGX-NEM) has undergone a total of two stock splits. The most recent split occurred on 12/29/2021. One share bought prior to the first split on 12/17/2020 would now equal 0.95 shares.
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Will NEM Insurance Plc stock split again?NEM Insurance Plc (stock symbol: NGX-NEM) has undergone two stock splits in its history. The most recent split, a 1.9-for-1 split, occurred on 12/29/2021. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.