Cellectar Biosciences Inc (CLRB) Stock Split History

Cellectar Biosciences Inc has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on June 13, 2005 with the ratio of 4-for-1, meaning that for 1 share of CLRB owned pre-split, shareholders then owned 4 shares. 5 more splits have been implemented since then. The most recent stock split took place on July 22, 2022 on a 1-for-10 basis.

These splits have increased CLRB 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 Cellectar Biosciences Inc's total market capitalization.

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

CLRB stock split list

Date	Split Ratio
2022-07-22	1 - for - 10
2018-07-17	1 - for - 10
2016-03-07	1 - for - 10
2014-06-16	1 - for - 20
2011-04-11	1 - for - 153
2005-06-13	4 - for - 1

Will Cellectar Biosciences Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Cellectar Biosciences 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 CLRB stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Cellectar Biosciences Inc'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
NVO	2023-09-20	2 - for - 1
VRTX	2000-08-24	2 - for - 1
MRNA	2017-08-03	1 - for - 10
UTHR	2009-09-23	2 - for - 1
GMAB	2018-05-01	5 - for - 1
INCY	2000-09-01	2 - for - 1
INSM	2011-03-03	1 - for - 10
RPRX	2010-10-15	1 - for - 4
SRPT	2012-07-12	1 - for - 6
TECH	2022-11-30	4 - for - 1