Purple Biotech Ltd Adr (PPBT) Stock Split History

Purple Biotech Ltd Adr has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 21, 2020 with the ratio of 1-for-10, meaning that for 10 shares of PPBT owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on September 17, 2024 on a 1-for-20 basis.

These splits have increased PPBT 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 Purple Biotech Ltd Adr's total market capitalization.

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

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