Immunoprecise Antibodies Ltd (IPA) Stock Split History

Immunoprecise Antibodies Ltd has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on September 13, 2011 with the ratio of 1-for-10, meaning that for 10 shares of IPA owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on November 23, 2020 on a 1-for-5 basis.

These splits have increased IPA 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 Immunoprecise Antibodies Ltd's total market capitalization.

For more detailed information of Immunoprecise Antibodies Ltd's stock splits, view the table below:

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