Tenax Therapeutics Inc (TENX) Stock Split History

Tenax Therapeutics Inc has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on November 09, 2009 with the ratio of 1-for-15, meaning that for 15 shares of TENX owned pre-split, shareholders then owned 1 share. 4 more splits have been implemented since then. The most recent stock split took place on January 03, 2024 on a 1-for-80 basis.

These splits have increased TENX 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 Tenax Therapeutics Inc's total market capitalization.

For more detailed information of Tenax Therapeutics Inc's stock splits, view the table below:

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