Eiger BioPharmaceuticals Inc (EIGR) Stock Split History

Eiger BioPharmaceuticals Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 23, 2016 with the ratio of 1-for-15, meaning that for 15 shares of EIGR owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 08, 2024 on a 1-for-30 basis.

These actions have increased EIGR 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 change the number of shares and the price per share with no impact on Eiger BioPharmaceuticals Inc's total market capitalization.

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

The answer will depend on the decisions of the company's managers and market volatility. Eiger BioPharmaceuticals 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 EIGR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Eiger BioPharmaceuticals Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.