Protalix BioTherapeutics Inc. (PLX) Stock Split History

Protalix BioTherapeutics Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 03, 2007 with the ratio of 1-for-10, meaning that for 10 shares of PLX owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 20, 2019 on a 1-for-10 basis.

These actions have increased PLX 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 Protalix BioTherapeutics Inc.'s total market capitalization.

For more detailed information of Protalix BioTherapeutics Inc.'s stock splits, view the table below:

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