Intelligent Bio Solutions Inc (INBS) Stock Split History

Intelligent Bio Solutions Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 10, 2023 with the ratio of 1-for-20, meaning that for 20 shares of INBS owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 29, 2024 on a 1-for-12 basis.

These actions have increased INBS 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 Intelligent Bio Solutions Inc's total market capitalization.

For more detailed information of Intelligent Bio Solutions Inc's stock splits, view the table below:

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