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Sonoma Pharmaceuticals Inc. (SNOA) Stock Split History

Sonoma Pharmaceuticals Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 01, 2013 with the ratio of 1-for-7, meaning that for 7 shares of SNOA 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 20, 2019 on a 1-for-9 basis.

These splits have increased SNOA 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 Sonoma Pharmaceuticals Inc.'s total market capitalization.

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

SNOA stock split list

Date Split Ratio
2019-06-20 1 - for - 9
2016-06-27 1 - for - 5
2013-04-01 1 - for - 7

Will Sonoma Pharmaceuticals Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Sonoma Pharmaceuticals 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 SNOA stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Sonoma Pharmaceuticals 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
VTRS 2003-10-09 3 - for - 2
TEVA 2004-07-01 2 - for - 1
RDY 2006-09-07 2 - for - 1
ALKS 2000-05-15 2 - for - 1
PRGO 1993-08-26 2 - for - 1
BHC 2000-10-16 2 - for - 1
INDV 2022-10-11 1 - for - 5
EVO 2021-10-20 4 - for - 1
$70.16
price down icon 2.46%
$16.37
price up icon 1.36%
$58.77
price up icon 0.63%
drug_manufacturers_specialty_generic RDY
$77.59
price up icon 1.02%
$134.18
price up icon 0.61%
$12.89
price down icon 1.23%
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