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DMK Pharmaceuticals Corp (DMK) Stock Split History

DMK Pharmaceuticals Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 22, 2009 with the ratio of 10-for-99, meaning that for 99 shares of DMK owned pre-split, shareholders then owned 10 shares. 2 more splits have been implemented since then. The most recent stock split took place on May 22, 2023 on a 1-for-70 basis.

These splits have increased DMK 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 DMK Pharmaceuticals Corp's total market capitalization.

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

DMK stock split list

Date Split Ratio
2023-05-22 1 - for - 70
2013-12-13 1 - for - 17
2009-04-22 10 - for - 99

Will DMK Pharmaceuticals Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. DMK Pharmaceuticals 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 DMK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by DMK Pharmaceuticals 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
VTRS 2003-10-09 3 - for - 2
TEVA 2004-07-01 2 - for - 1
RDY 2006-09-07 2 - for - 1
ALKS 2000-05-15 2 - for - 1
PRGO 1993-08-26 2 - for - 1
BHC 2000-10-16 2 - for - 1
INDV 2022-10-11 1 - for - 5
EVO 2021-10-20 4 - for - 1
$70.16
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$16.37
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$58.77
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drug_manufacturers_specialty_generic RDY
$77.59
price up icon 1.02%
$134.18
price up icon 0.61%
$12.89
price down icon 1.23%
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