Processa Pharmaceuticals Inc (PCSA) Stock Split History

Processa Pharmaceuticals Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on February 17, 2004 with the ratio of 1-for-5, meaning that for 5 shares of PCSA owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on January 22, 2024 on a 1-for-20 basis.

These splits have increased PCSA 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 Processa Pharmaceuticals Inc's total market capitalization.

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

PCSA stock split list

Date	Split Ratio
2024-01-22	1 - for - 20
2019-12-23	1 - for - 7
2017-12-08	1 - for - 7
2004-02-17	1 - for - 5

Will Processa Pharmaceuticals Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Processa Pharmaceuticals 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 PCSA stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Processa Pharmaceuticals 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
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
TECH	2022-11-30	4 - for - 1
INCY	2000-09-01	2 - for - 1
RPRX	2010-10-15	1 - for - 4
SRPT	2012-07-12	1 - for - 6
UTHR	2009-09-23	2 - for - 1