Casi Pharmaceuticals Inc (CASI) Stock Split History

Casi Pharmaceuticals Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 01, 2010 with the ratio of 1-for-11, meaning that for 11 shares of CASI owned pre-split, shareholders then owned 1 share. The most recent stock split took place on June 02, 2022 on a 1-for-10 basis.

These actions have increased CASI 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 Casi Pharmaceuticals Inc's total market capitalization.

For more detailed information of Casi Pharmaceuticals Inc's stock splits, view the table below:

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