Exela Technologies Inc (XELA) Stock Split History

Exela Technologies Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on January 26, 2021 with the ratio of 1-for-3, meaning that for 3 shares of XELA owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on May 15, 2023 on a 1-for-200 basis.

These splits have increased XELA 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 Exela Technologies Inc's total market capitalization.

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

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