Trxade Health Inc (MEDS) Stock Split History

Trxade Health Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on December 19, 2008 with the ratio of 8-for-1, meaning that for 1 share of MEDS owned pre-split, shareholders then owned 8 shares. 3 more splits have been implemented since then. The most recent stock split took place on June 22, 2023 on a 1-for-15 basis.

These splits have increased MEDS 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 Trxade Health Inc's total market capitalization.

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

MEDS stock split list

Date	Split Ratio
2023-06-22	1 - for - 15
2020-02-13	1 - for - 6
2014-02-06	1 - for - 1000
2008-12-19	8 - for - 1

Will Trxade Health Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Trxade Health 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 MEDS stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Trxade Health 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
WBA	1999-02-16	2 - for - 1
HITI	2021-05-13	1 - for - 15
PETS	1999-03-04	3 - for - 1
BIMI	2022-12-12	1 - for - 10
MEDS	2023-06-22	1 - for - 15
CJJD	2024-03-01	1 - for - 20
LFLY	2023-09-12	1 - for - 20
SSY	1994-11-21	11 - for - 10