Novanta Inc (NOVT) Stock Split History

Novanta Inc has split its stock once since its initial public offering (IPO). The stock split of Novanta Inc occurred on December 29, 2010 on a 1-for-3 basis, meaning that for 3 shares of NOVT owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Novanta Inc's total market capitalization.

NOVT stock split list

Date	Split Ratio
2010-12-29	1 - for - 3

Will Novanta Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Novanta 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 NOVT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Novanta 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
GRMN	2006-08-16	2 - for - 1
GRMN	2006-08-16	2 - for - 1
TRMB	2013-03-21	2 - for - 1
COHR	2011-06-27	2 - for - 1
COHR	2011-06-27	2 - for - 1
CGNX	2017-12-04	2 - for - 1
NOVT	2010-12-29	1 - for - 3
BMI	2016-09-16	2 - for - 1
ESE	2005-09-26	2 - for - 1