ShiftPixy Inc (PIXY) Stock Split History

ShiftPixy Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on December 16, 2019 with the ratio of 1-for-40, meaning that for 40 shares of PIXY owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on October 16, 2023 on a 1-for-24 basis.

These splits have increased PIXY 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 ShiftPixy Inc's total market capitalization.

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

PIXY stock split list

Date	Split Ratio
2023-10-16	1 - for - 24
2023-10-02	1 - for - 24
2022-09-01	1 - for - 100
2019-12-16	1 - for - 40

Will ShiftPixy Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. ShiftPixy 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 PIXY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by ShiftPixy 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
ADP	1999-01-04	2 - for - 1
PAYX	2000-05-23	3 - for - 2
RHI	2000-06-13	2 - for - 1
NSP	2017-12-19	2 - for - 1
KFRC	1997-10-20	2 - for - 1
KELYA	1993-06-14	5 - for - 4
BBSI	2005-05-20	3 - for - 2
TBI	1999-07-13	3 - for - 2
TBI	1999-07-13	3 - for - 2
HQI	2017-12-08	1 - for - 12
MHH	2018-08-27	2 - for - 1