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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:

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 2017-12-11 3 - for - 2
MLKN 1998-03-17 2 - for - 1
LZB 1998-09-15 3 - for - 1
LZB 1998-09-15 3 - for - 1
LEG 1998-06-16 2 - for - 1
AMWD 2004-09-27 2 - for - 1
ETD 1999-05-24 3 - for - 2
ETD 1999-05-24 3 - for - 2
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furnishings_fixtures_appliances LEG
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furnishings_fixtures_appliances LZB
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furnishings_fixtures_appliances MBC
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