2.55
1.16%
-0.03
After Hours:
2.53
-0.02
-0.78%
China Jo-Jo Drugstores Inc (CJJD) Stock Split History
China Jo-Jo Drugstores Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 14, 2010 with the ratio of 1-for-2, meaning that for 2 shares of CJJD owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on March 01, 2024 on a 1-for-20 basis.
These splits have increased CJJD 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 China Jo-Jo Drugstores Inc's total market capitalization.
For more detailed information of China Jo-Jo Drugstores Inc's stock splits, view the table below:
These splits have increased CJJD 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 China Jo-Jo Drugstores Inc's total market capitalization.
For more detailed information of China Jo-Jo Drugstores Inc's stock splits, view the table below:
CJJD stock split list
Date | Split Ratio |
---|---|
2024-03-01 | 1 - for - 20 |
2022-04-07 | 1 - for - 12 |
2010-04-14 | 1 - for - 2 |
Will China Jo-Jo Drugstores Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. China Jo-Jo Drugstores 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 CJJD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by China Jo-Jo Drugstores Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
Stock Splits of Industry Leaders
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