Lixte Biotechnology Holdings Inc (LIXT) Stock Split History

Lixte Biotechnology Holdings Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 20, 2020 with the ratio of 1-for-6, meaning that for 6 shares of LIXT owned pre-split, shareholders then owned 1 share. The most recent stock split took place on June 05, 2023 on a 1-for-10 basis.

These actions have increased LIXT 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 Lixte Biotechnology Holdings Inc's total market capitalization.

For more detailed information of Lixte Biotechnology Holdings Inc's stock splits, view the table below:

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