3.65
2.41%
-0.09
Pre-market:
3.68
0.03
+0.82%
Lithium Americas Corp Newco (LAC) Stock Split History
Lithium Americas Corp Newco has split its stock once since its initial public offering (IPO). The stock split of Lithium Americas Corp Newco occurred on November 08, 2017 on a 1-for-5 basis, meaning that for 5 shares of LAC 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 Lithium Americas Corp Newco's total market capitalization.
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 Lithium Americas Corp Newco's total market capitalization.
LAC stock split list
Date | Split Ratio |
---|---|
2017-11-08 | 1 - for - 5 |
Will Lithium Americas Corp Newco Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Lithium Americas Corp Newco 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 LAC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Lithium Americas Corp Newco's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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