Redhill Biopharma Ltd Adr (RDHL) Stock Split History

Redhill Biopharma Ltd Adr has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 23, 2023 with the ratio of 1-for-40, meaning that for 40 shares of RDHL owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on August 22, 2024 on a 1-for-25 basis.

These splits have increased RDHL 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 Redhill Biopharma Ltd Adr's total market capitalization.

For more detailed information of Redhill Biopharma Ltd Adr's stock splits, view the table below:

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