Shineco Inc (SISI) Stock Split History

Shineco Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 17, 2020 with the ratio of 1-for-9, meaning that for 9 shares of SISI owned pre-split, shareholders then owned 1 share. The most recent stock split took place on February 16, 2024 on a 1-for-10 basis.

These actions have increased SISI 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 Shineco Inc's total market capitalization.

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

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