Fortress Biotech Inc (FBIO) Stock Split History

Fortress Biotech Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 06, 2022 with the ratio of 1-for-10, meaning that for 10 shares of FBIO owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 10, 2023 on a 1-for-15 basis.

These actions have increased FBIO 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 Fortress Biotech Inc's total market capitalization.

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

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