Kiora Pharmaceuticals Inc (KPRX) Stock Split History

Kiora Pharmaceuticals Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 30, 2019 with the ratio of 1-for-15, meaning that for 15 shares of KPRX owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on June 11, 2024 on a 1-for-9 basis.

These splits have increased KPRX 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 Kiora Pharmaceuticals Inc's total market capitalization.

For more detailed information of Kiora Pharmaceuticals Inc's stock splits, view the table below:

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