Durect Corp (DRRX) Stock Split History

Durect Corp has split its stock once since its initial public offering (IPO). The stock split of Durect Corp occurred on December 06, 2022 on a 1-for-10 basis, meaning that for 10 shares of DRRX owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Durect Corp's total market capitalization.

DRRX stock split list

Date	Split Ratio
2022-12-06	1 - for - 10

Will Durect Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Durect 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 DRRX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Durect 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
TEVA	2004-07-01	2 - for - 1
VTRS	2003-10-09	3 - for - 2
RDY	2006-09-07	2 - for - 1
PRGO	1993-08-26	2 - for - 1
ALKS	2000-05-15	2 - for - 1
HCM	2009-04-20	1 - for - 50
BHC	2000-10-16	2 - for - 1
INDV	2022-10-11	1 - for - 5