Lisata Therapeutics Inc has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on October 04, 1995 with the ratio of 1-for-10, meaning that for 10 shares of LSTA owned pre-split, shareholders then owned 1 share. 6 more splits have been implemented since then. The most recent stock split took place on September 15, 2022 on a 1-for-15 basis.
These splits have increased LSTA 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 Lisata Therapeutics Inc's total market capitalization.
For more detailed information of Lisata Therapeutics Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Lisata Therapeutics 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 LSTA stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Lisata Therapeutics Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
