Lexaria Bioscience Corp (LEXX) Stock Split History

Lexaria Bioscience Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 23, 2009 with the ratio of 1-for-4, meaning that for 4 shares of LEXX owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on January 12, 2021 on a 1-for-30 basis.

These splits have increased LEXX 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 Lexaria Bioscience Corp's total market capitalization.

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

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