Nov Inc (NOV) Stock Split History

Nov Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 19, 1997 with the ratio of 2-for-1, meaning that for 1 share of NOV owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on October 01, 2007 on a 2-for-1 basis.

These actions have increased NOV 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 Nov Inc's total market capitalization.

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

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