Xortx Therapeutics Inc (XRTX) Stock Split History

Xortx Therapeutics Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on September 23, 2021 with the ratio of 19-for-223, meaning that for 223 shares of XRTX owned pre-split, shareholders then owned 19 shares. 2 more splits have been implemented since then. The most recent stock split took place on November 14, 2023 on a 1-for-9 basis.

These splits have increased XRTX 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 Xortx Therapeutics Inc's total market capitalization.

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

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