Alterity Therapeutics Ltd Adr (ATHE) Stock Split History

Alterity Therapeutics Ltd Adr has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 24, 2016 with the ratio of 1-for-6, meaning that for 6 shares of ATHE owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 09, 2023 on a 1-for-10 basis.

These actions have increased ATHE 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 Alterity Therapeutics Ltd Adr's total market capitalization.

For more detailed information of Alterity Therapeutics Ltd Adr's stock splits, view the table below:

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