Novo Nordisk ADR (NVO) Stock Split History

Novo Nordisk ADR has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on April 18, 1994 with the ratio of 4-for-1, meaning that for 1 share of NVO owned pre-split, shareholders then owned 4 shares. 4 more splits have been implemented since then. The most recent stock split took place on September 20, 2023 on a 2-for-1 basis.

These splits have increased NVO 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 Novo Nordisk ADR's total market capitalization.

For more detailed information of Novo Nordisk ADR's stock splits, view the table below:

NVO stock split list

Date	Split Ratio
2023-09-20	2 - for - 1
2014-01-09	5 - for - 1
2007-12-17	2 - for - 1
2001-04-11	5 - for - 2
1994-04-18	4 - for - 1

Will Novo Nordisk ADR Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Novo Nordisk ADR 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 NVO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Novo Nordisk ADR'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
NVO	2023-09-20	2 - for - 1
VRTX	2000-08-24	2 - for - 1
MRNA	2017-08-03	1 - for - 10
GMAB	2018-05-01	5 - for - 1
RPRX	2010-10-15	1 - for - 4
SRPT	2012-07-12	1 - for - 6
INCY	2000-09-01	2 - for - 1
UTHR	2009-09-23	2 - for - 1
TECH	2022-11-30	4 - for - 1