Mei Pharma Inc (MEIP) Stock Split History

Mei Pharma Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 31, 2010 with the ratio of 1-for-10, meaning that for 10 shares of MEIP owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on April 17, 2023 on a 1-for-20 basis.

These splits have increased MEIP 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 Mei Pharma Inc's total market capitalization.

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

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