Genetic Technologies Ltd Adr (GENE) Stock Split History

Genetic Technologies Ltd Adr has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on January 20, 2015 with the ratio of 1-for-5, meaning that for 5 shares of GENE owned pre-split, shareholders then owned 1 share. 4 more splits have been implemented since then. The most recent stock split took place on December 14, 2023 on a 1-for-5 basis.

These splits have increased GENE 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 Genetic Technologies Ltd Adr's total market capitalization.

For more detailed information of Genetic Technologies Ltd Adr's stock splits, view the table below:

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