Dr Reddys Laboratories Ltd Adr (RDY) Stock Split History

Dr Reddys Laboratories Ltd Adr has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 07, 2006 with the ratio of 2-for-1, meaning that for 1 share of RDY owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on November 05, 2024 on a 4-for-1 basis.

These actions have increased RDY 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 Dr Reddys Laboratories Ltd Adr's total market capitalization.

For more detailed information of Dr Reddys Laboratories Ltd Adr's stock splits, view the table below:

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