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:
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.
