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Neptune Wellness Solutions Inc (NEPT) Stock Split History
Neptune Wellness Solutions Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 13, 2022 with the ratio of 1-for-35, meaning that for 35 shares of NEPT owned pre-split, shareholders then owned 1 share. The most recent stock split took place on September 08, 2023 on a 1-for-40 basis.
These actions have increased NEPT 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 Neptune Wellness Solutions Inc's total market capitalization.
For more detailed information of Neptune Wellness Solutions Inc's stock splits, view the table below:
These actions have increased NEPT 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 Neptune Wellness Solutions Inc's total market capitalization.
For more detailed information of Neptune Wellness Solutions Inc's stock splits, view the table below:
NEPT stock split list
Date | Split Ratio |
---|---|
2023-09-08 | 1 - for - 40 |
2022-06-13 | 1 - for - 35 |
Will Neptune Wellness Solutions Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Neptune Wellness Solutions 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 NEPT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Neptune Wellness Solutions Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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