These are the upcoming stock splits for the week of May 19 to May 23, based on TipRanks’ Stock Splits Calendar. A stock split is corporate move that increases the number of outstanding shares by issuing more to current shareholders without changing the company’s overall value. The result is a lower share price, which can make the stock more appealing to retail investors.
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There’s also the reverse stock split – the mirror image. Rather than dividing shares further, it folds multiple ones into a single share. That means fewer shares overall, a higher price per share, but no change in total market value. Companies usually go this route to stay compliant with listing requirements, like Nasdaq’s minimum price rule, and avoid getting booted off the exchange.
Whether it’s to attract more investors or maintain their spot on the market, these strategic moves can offer interesting signals for traders to watch.
Let’s take a look at the upcoming stock splits for the week.
Aryzta AG (ARZTY) – Aryzta AG is a global food business based in Switzerland, specializing in frozen bakery products. On May 2, Aryzta announced a 1-for-40 reverse stock split of its ordinary shares. The reverse split is set to become effective on May 19.
Presidio Property Trust (SQFT) – Presidio Property Trust is a diversified real estate investment trust (REIT) based in the United States, focusing on commercial properties. On May 14, the company announced a 1-for-10 reverse stock split of its Series A Common Stock to increase the per share market price and maintain its Nasdaq listing. The reverse split will become effective on May 19.
Bon Natural Life (BON) – Bon Natural Life Limited is a China-based company that develops and manufactures natural, health, and personal care products. On May 15, the company announced a 1-for-25 reverse stock split of its Class A ordinary shares to comply with Nasdaq’s minimum bid price requirement. The reverse split will become effective on May 19.
CN Energy Group (CNEY) – CN Energy Group is a China-based company engaged in the production and supply of wood-based activated carbon and biomass electricity. On May 15, the company announced a 1-for-25 reverse stock split of its Class A ordinary shares to comply with Nasdaq’s minimum bid price requirement. The reverse split will become effective on May 19.
Conduit Pharmaceuticals (CDT) – Conduit Pharmaceuticals is a U.S.-based clinical-stage biopharmaceutical company focused on developing therapies for autoimmune and inflammatory diseases. On May 16, the company announced a 1-for-15 reverse stock split of its common stock to comply with Nasdaq’s minimum bid price requirement. The reverse split will become effective on May 19, with trading on a split-adjusted basis beginning on May 20.
FIH Mobile (FXCNY) – FIH Mobile is a Taiwan-based company providing manufacturing services for mobile phones and wireless communication devices. On May 9, the company announced a 1-for-5 reverse stock split of its American Depositary Receipts (ADRs). The reverse split will become effective on May 20.
Tectonic Metals (TETOF) – Tectonic Metals is a Canadian mineral exploration company focused on gold projects in North America. On May 15, the company announced a 1-for-10 reverse stock split to reduce the number of outstanding shares and position the company to benefit from rising gold prices and growing institutional interest. The reverse split will become effective on May 20.
MDJM (UOKA) – MDJM is a China-based real estate services company. On May 16, the company announced a 1-for-25 reverse stock split of its ordinary shares to address ongoing financial challenges and Nasdaq compliance issues. The reverse split will become effective on May 20, with shares beginning to trade on a split-adjusted basis from that date.
DeFi Development (DFDV) – DeFi Development, formerly known as Janover, is a U.S.-based company involved in decentralized finance solutions. On May 6, the company announced a 7-for-1 forward stock split of its common shares to increase liquidity and attract a broader investor base. The stock split will be effective for shareholders of record as of May 19, with trading on a split-adjusted basis expected to begin on May 20.
Fastenal Company (FAST) – Fastenal Company is a U.S.-based distributor of industrial and construction supplies. On April 23, the company announced a 2-for-1 stock split of its common stock to make shares more accessible to investors. The stock split will take effect at the close of business on May 21, with trading on a split-adjusted basis expected to begin on May 22.
QVC Group Inc. Series A (QVCGA) and Series B (QVCGB) – QVC Group is a U.S.-based company specializing in video and e-commerce retail. On May 16, the company announced a 1-for-50 reverse stock split of its Series A and Series B common stocks to help QVCGA meet Nasdaq’s minimum bid price requirement. The reverse stock split will legally take effect on May 22, with trading on a split-adjusted basis beginning on May 23.
To find more information about historical and upcoming stock splits, visit the TipRanks Stock Splits Calendar.