NextPlat Corp (NXPL) Stock Split History

NextPlat Corp has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on December 29, 2003 with the ratio of 1-for-400, meaning that for 400 shares of NXPL owned pre-split, shareholders then owned 1 share. 5 more splits have been implemented since then. The most recent stock split took place on May 28, 2021 on a 1-for-5 basis.

These splits have increased NXPL 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 NextPlat Corp's total market capitalization.

For more detailed information of NextPlat Corp's stock splits, view the table below:

NXPL stock split list

Date	Split Ratio
2021-05-28	1 - for - 5
2019-08-19	1 - for - 15
2018-03-08	1 - for - 150
2014-04-21	1 - for - 150
2009-08-25	1 - for - 150
2003-12-29	1 - for - 400

Will NextPlat Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. NextPlat Corp 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 NXPL stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by NextPlat Corp'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
CRM	2013-04-18	4 - for - 1
SAP	1998-07-28	4 - for - 1
INTU	2006-07-07	2 - for - 1
PANW	2022-09-14	3 - for - 1
CDNS	1997-11-17	2 - for - 1
SHOP	2022-06-29	10 - for - 1
ADSK	2004-12-21	2 - for - 1
TTD	2021-06-17	10 - for - 1
FICO	2004-03-11	3 - for - 2
ANSS	2007-06-05	2 - for - 1
MSTR	2002-07-31	1 - for - 10
PTC	2006-02-28	2 - for - 5