Novo Integrated Sciences Inc (NVOS) Stock Split History

Novo Integrated Sciences Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on May 05, 2015 with the ratio of 1-for-20, meaning that for 20 shares of NVOS owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on November 07, 2023 on a 1-for-10 basis.

These splits have increased NVOS 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 Integrated Sciences Inc's total market capitalization.

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

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