IM Cannabis Corp (IMCC) Stock Split History

IM Cannabis Corp has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on July 12, 2013 with the ratio of 1-for-10, meaning that for 10 shares of IMCC owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on November 17, 2022 on a 1-for-10 basis.

These splits have increased IMCC 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 IM Cannabis Corp's total market capitalization.

For more detailed information of IM Cannabis Corp's stock splits, view the table below:

IMCC stock split list

Date	Split Ratio
2022-11-17	1 - for - 10
2021-02-16	1 - for - 4
2018-06-19	1 - for - 5
2013-07-12	1 - for - 10

Will IM Cannabis Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. IM Cannabis Corp 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 IMCC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by IM Cannabis Corp'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
TEVA	2004-07-01	2 - for - 1
VTRS	2003-10-09	3 - for - 2
RDY	2006-09-07	2 - for - 1
PRGO	1993-08-26	2 - for - 1
ALKS	2000-05-15	2 - for - 1
BHC	2000-10-16	2 - for - 1
HCM	2009-04-20	1 - for - 50
INDV	2022-10-11	1 - for - 5
AMRX	2013-08-26	1 - for - 25