22nd Century Group, Inc. (XXII) Stock Split History

22nd Century Group, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 30, 2010 with the ratio of 25-for-9, meaning that for 9 shares of XXII owned pre-split, shareholders then owned 25 shares. 2 more splits have been implemented since then. The most recent stock split took place on April 02, 2024 on a 1-for-16 basis.

These splits have increased XXII 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 22nd Century Group, Inc.'s total market capitalization.

For more detailed information of 22nd Century Group, Inc.'s stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. 22nd Century Group, 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 XXII stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by 22nd Century Group, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.