89.59
1.92%
+1.69
Pre-market:
89.88
0.29
+0.32%
New Oriental Education & Technology Group Inc. ADR (EDU) Stock Split History
New Oriental Education & Technology Group Inc. ADR has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 19, 2011 with the ratio of 4-for-1, meaning that for 1 share of EDU owned pre-split, shareholders then owned 4 shares. 2 more splits have been implemented since then. The most recent stock split took place on April 08, 2022 on a 1-for-10 basis.
These splits have increased EDU 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 New Oriental Education & Technology Group Inc. ADR's total market capitalization.
For more detailed information of New Oriental Education & Technology Group Inc. ADR's stock splits, view the table below:
These splits have increased EDU 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 New Oriental Education & Technology Group Inc. ADR's total market capitalization.
For more detailed information of New Oriental Education & Technology Group Inc. ADR's stock splits, view the table below:
EDU stock split list
Date | Split Ratio |
---|---|
2022-04-08 | 1 - for - 10 |
2021-03-12 | 10 - for - 1 |
2011-08-19 | 4 - for - 1 |
Will New Oriental Education & Technology Group Inc. ADR Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. New Oriental Education & Technology Group Inc. ADR 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 EDU stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by New Oriental Education & Technology Group Inc. ADR's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
Cap:
|
Volume (24h):