Tian Ruixiang Holdings Ltd (TIRX) Stock Split History

Tian Ruixiang Holdings Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 16, 2022 with the ratio of 1-for-5, meaning that for 5 shares of TIRX owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 14, 2024 on a 1-for-5 basis.

These actions have increased TIRX 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 Tian Ruixiang Holdings Ltd's total market capitalization.

For more detailed information of Tian Ruixiang Holdings Ltd's stock splits, view the table below:

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