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Moleculin Biotech Inc (MBRX) Stock Split History

Moleculin Biotech Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 01, 2021 with the ratio of 1-for-6, meaning that for 6 shares of MBRX owned pre-split, shareholders then owned 1 share. The most recent stock split took place on March 22, 2024 on a 1-for-15 basis.

These actions have increased MBRX 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 Moleculin Biotech Inc's total market capitalization.

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

MBRX stock split list

Date Split Ratio
2024-03-22 1 - for - 15
2021-02-01 1 - for - 6

Will Moleculin Biotech Inc Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
NVO 2023-09-20 2 - for - 1
VRTX 2000-08-24 2 - for - 1
MRNA 2017-08-03 1 - for - 10
UTHR 2009-09-23 2 - for - 1
GMAB 2018-05-01 5 - for - 1
INCY 2000-09-01 2 - for - 1
TECH 2022-11-30 4 - for - 1
RPRX 2010-10-15 1 - for - 4
INSM 2011-03-03 1 - for - 10
SRPT 2012-07-12 1 - for - 6
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