Organovo Holdings Inc (ONVO) Stock Split History

Organovo Holdings Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 01, 2012 with the ratio of 53-for-5, meaning that for 5 shares of ONVO owned pre-split, shareholders then owned 53 shares. The most recent stock split took place on August 19, 2020 on a 1-for-20 basis.

These actions have increased ONVO stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Organovo Holdings Inc's total market capitalization.

For more detailed information of Organovo Holdings Inc's stock splits, view the table below:

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