Cassava Sciences Inc (SAVA) Stock Split History

Cassava Sciences Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 10, 2017 with the ratio of 1-for-7, meaning that for 7 shares of SAVA owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 21, 2023 on a 14-for-10 basis.

These actions have increased SAVA 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 Cassava Sciences Inc's total market capitalization.

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

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