IGC Pharma Inc (IGC) Stock Split History

IGC Pharma Inc has split its stock once since its initial public offering (IPO). The stock split of IGC Pharma Inc occurred on April 19, 2013 on a 1-for-10 basis, meaning that for 10 shares of IGC owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on IGC Pharma Inc's total market capitalization.

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