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3.72%
-0.0193
Nova Lifestyle Inc (NVFY) Stock Split History
Nova Lifestyle Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 27, 2011 with the ratio of 5-for-1, meaning that for 1 share of NVFY owned pre-split, shareholders then owned 5 shares. 2 more splits have been implemented since then. The most recent stock split took place on May 24, 2023 on a 1-for-5 basis.
These splits have increased NVFY 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 Nova Lifestyle Inc's total market capitalization.
For more detailed information of Nova Lifestyle Inc's stock splits, view the table below:
These splits have increased NVFY 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 Nova Lifestyle Inc's total market capitalization.
For more detailed information of Nova Lifestyle Inc's stock splits, view the table below:
NVFY stock split list
| Date | Split Ratio |
|---|---|
| 2023-05-24 | 1 - for - 5 |
| 2019-12-23 | 1 - for - 5 |
| 2011-06-27 | 5 - for - 1 |
Will Nova Lifestyle Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Nova Lifestyle 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 NVFY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Nova Lifestyle 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 |
|---|---|---|
| TPX | 2020-11-24 | 4 - for - 1 |
| MHK | 1997-12-05 | 3 - for - 2 |
| WHR | 1987-01-02 | 2 - for - 1 |
| PATK | 2024-12-16 | 3 - for - 2 |
| LZB | 1998-09-15 | 3 - for - 1 |
| MLKN | 1998-03-17 | 2 - for - 1 |
| LEG | 1998-06-16 | 2 - for - 1 |
| AMWD | 2004-09-27 | 2 - for - 1 |
| ETD | 1999-05-24 | 3 - for - 2 |
| SNBR | 2006-06-09 | 3 - for - 2 |
| FLXS | 1987-12-08 | 3 - for - 2 |
| VIRC | 2002-09-04 | 11 - for - 10 |
| HOFT | 2004-02-02 | 2 - for - 1 |
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