Can-Fite Biopharma Ltd ADR (CANF) Stock Split History

Can-Fite Biopharma Ltd ADR has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 10, 2019 with the ratio of 1-for-15, meaning that for 15 shares of CANF owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 09, 2023 on a 1-for-10 basis.

These actions have increased CANF 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 change the number of shares and the price per share with no impact on Can-Fite Biopharma Ltd ADR's total market capitalization.

For more detailed information of Can-Fite Biopharma Ltd ADR's stock splits, view the table below:

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