2.6425
price down icon5.04%   -0.1375
 
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Avalon Globocare Corp (ALBT) Stock Split History

Avalon Globocare Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 18, 2016 with the ratio of 1-for-4, meaning that for 4 shares of ALBT owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on October 28, 2024 on a 1-for-15 basis.

These splits have increased ALBT 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 Avalon Globocare Corp's total market capitalization.

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

ALBT stock split list

Date Split Ratio
2024-10-28 1 - for - 15
2023-01-05 1 - for - 10
2016-10-18 1 - for - 4

Will Avalon Globocare Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Avalon Globocare 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 ALBT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Avalon Globocare Corp'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
CBRE 2006-06-02 3 - for - 1
CSGP 2021-06-28 10 - for - 1
CIGI 2004-12-13 2 - for - 1
DBRG 2022-08-23 1 - for - 4
EXPI 2021-02-16 2 - for - 1
IRS 2023-12-06 51 - for - 50
REAX 2021-07-23 4 - for - 1
FRPH 2024-04-15 2 - for - 1
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