Akanda Corp (AKAN) Stock Split History

Akanda Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 09, 2023 with the ratio of 1-for-10, meaning that for 10 shares of AKAN owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on November 14, 2024 on a 1-for-2 basis.

These splits have increased AKAN 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 Akanda Corp's total market capitalization.

For more detailed information of Akanda Corp's stock splits, view the table below:

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