Achieve Life Sciences Inc (ACHV) Stock Split History

Achieve Life Sciences Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on August 21, 2008 with the ratio of 1-for-18, meaning that for 18 shares of ACHV owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on July 31, 2020 on a 1-for-20 basis.

These splits have increased ACHV stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Achieve Life Sciences Inc's total market capitalization.

For more detailed information of Achieve Life Sciences Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Achieve Life Sciences Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when ACHV stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Achieve Life Sciences Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.