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Addex Therapeutics Ltd ADR (ADXN) Stock Split History

Addex Therapeutics Ltd ADR has split its stock once since its initial public offering (IPO). The stock split of Addex Therapeutics Ltd ADR occurred on October 23, 2023 on a 1-for-20 basis, meaning that for 20 shares of ADXN owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Addex Therapeutics Ltd ADR's total market capitalization.

ADXN stock split list

Date Split Ratio
2023-10-23 1 - for - 20

Will Addex Therapeutics Ltd ADR Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Addex Therapeutics Ltd ADR 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 ADXN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Addex Therapeutics Ltd ADR's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
NVO 2023-09-20 2 - for - 1
VRTX 2000-08-24 2 - for - 1
GMAB 2018-05-01 5 - for - 1
INCY 2000-09-01 2 - for - 1
SRPT 2012-07-12 1 - for - 6
TECH 2022-11-30 4 - for - 1
UTHR 2009-09-23 2 - for - 1
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