0.2004
0.20%
0.0004
After Hours:
.21
0.0096
+4.79%
China Pharma Holdings Inc. (CPHI) Stock Split History
China Pharma Holdings Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 15, 2003 with the ratio of 1-for-20, meaning that for 20 shares of CPHI owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on March 06, 2024 on a 1-for-5 basis.
These splits have increased CPHI 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 China Pharma Holdings Inc.'s total market capitalization.
For more detailed information of China Pharma Holdings Inc.'s stock splits, view the table below:
These splits have increased CPHI 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 China Pharma Holdings Inc.'s total market capitalization.
For more detailed information of China Pharma Holdings Inc.'s stock splits, view the table below:
CPHI stock split list
Date | Split Ratio |
---|---|
2024-03-06 | 1 - for - 5 |
2023-03-06 | 1 - for - 10 |
2003-08-15 | 1 - for - 20 |
Will China Pharma Holdings Inc. Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. China Pharma Holdings 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 CPHI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by China Pharma Holdings Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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