0.3964
price down icon0.92%   -0.0037
after-market  After Hours:  .4181  0.0217   +5.47%
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Galmed Pharmaceuticals Ltd (GLMD) Stock Split History

Galmed Pharmaceuticals Ltd has split its stock once since its initial public offering (IPO). The stock split of Galmed Pharmaceuticals Ltd occurred on May 15, 2023 on a 1-for-15 basis, meaning that for 15 shares of GLMD owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Galmed Pharmaceuticals Ltd's total market capitalization.

GLMD stock split list

Date Split Ratio
2023-05-15 1 - for - 15

Will Galmed Pharmaceuticals Ltd Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
NVO 2023-09-20 2 - for - 1
VRTX 2000-08-24 2 - for - 1
GMAB 2018-05-01 5 - for - 1
INCY 2000-09-01 2 - for - 1
SRPT 2012-07-12 1 - for - 6
TECH 2022-11-30 4 - for - 1
UTHR 2009-09-23 2 - for - 1
$86.28
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$165.65
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$27.77
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$151.09
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$88.96
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$380.01
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