Portage Biotech Inc (PRTG) Stock Split History

Portage Biotech Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on January 21, 1999 with the ratio of 1-for-15, meaning that for 15 shares of PRTG owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on June 04, 2020 on a 1-for-100 basis.

These splits have increased PRTG 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 Portage Biotech Inc's total market capitalization.

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

PRTG stock split list

Date	Split Ratio
2020-06-04	1 - for - 100
2003-04-21	1 - for - 7
1999-01-21	1 - for - 15

Will Portage Biotech Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Portage Biotech 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 PRTG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Portage Biotech 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