Kaival Brands Innovations Group Inc (KAVL) Stock Split History

Kaival Brands Innovations Group Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 20, 2021 with the ratio of 1-for-12, meaning that for 12 shares of KAVL owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 25, 2024 on a 1-for-21 basis.

These actions have increased KAVL 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 Kaival Brands Innovations Group Inc's total market capitalization.

For more detailed information of Kaival Brands Innovations Group Inc's stock splits, view the table below:

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