These are the upcoming stock splits for the week of September 8 to September 12, based on TipRanks’ Stock Splits Calendar. A stock split is a move companies use to increase the number of shares outstanding by issuing additional shares to current investors. Importantly, it doesn’t change the company’s overall market value. What it does do is lower the share price, making the stock more affordable and often more appealing to retail investors.
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Some firms, however, go in the opposite direction with a reverse stock split. In this case, shares are consolidated rather than divided, shrinking the share count but raising the price per share. The market cap stays the same, but the adjustment is often made to meet listing requirements, such as Nasdaq’s minimum price rule, and to avoid the risk of delisting.
Moves like these, whether to broaden investor access or to maintain compliance, often provide useful signals that market watchers keep a close eye on.
Let’s take a look at the upcoming stock splits for the week.
Galaxy Payroll Group (GLXG) – Galaxy Payroll, headquartered in Hong Kong, offers payroll outsourcing and HR management solutions across Greater China, serving both corporate clients and SMEs with cross-border compliance tools. On September 4, the company announced a 1-for-10 reverse stock split to bring its share price back above the Nasdaq’s minimum bid threshold, with the split set to take effect on September 8.
Oxford Lane Capital (OXLC) – Oxford Lane Capital is a closed-end fund specializing in collateralized loan obligations (CLOs), providing investors exposure to senior secured loans and high-yield credit markets. On July 23, the company announced board approval of a 1-for-5 reverse stock split. The split became effective on September 5, with trading on a split-adjusted basis beginning September 8.
Safe & Green Holdings (SGBX) – Safe & Green Holdings builds modular, eco-friendly construction projects for residential, commercial, and medical facilities, aiming to reduce costs and environmental impact through off-site manufacturing. On September 4, the company announced a 1-for-64 reverse stock split, approved by shareholders to restore compliance with Nasdaq’s listing rules after its stock fell below the $1 mark. The split is effective September 8.
Stardust Power (SDST) – Stardust Power develops battery-grade lithium refining technologies to support the electric vehicle supply chain, with projects focused on securing U.S. domestic energy resources. On September 4, the company announced a 1-for-10 reverse stock split to elevate its share price, maintain Nasdaq compliance, and broaden institutional investor access. The split will take effect on September 8.
Top KingWin (WAI) – Top KingWin provides financial advisory, asset management, and corporate consulting services in China, helping entrepreneurs and SMEs raise capital and expand operations. On September 4, the company announced a 1-for-25 reverse stock split aimed at regaining compliance with Nasdaq’s minimum bid requirement, with the split set to take effect on September 8.
HDFC Bank (HDB) – HDFC Bank, India’s largest private sector bank by assets, offers retail, corporate, and digital banking services to more than 80 million customers worldwide. On September 8, the company will execute a 2-for-1 forward stock split to make shares more affordable and improve accessibility for a wider base of investors.
Diginex (DGNX) – Diginex is a London-based RegTech firm leveraging blockchain, AI, and data analytics to help corporations and governments streamline ESG, climate, and supply-chain reporting. On August 18, the board approved a 7-for-1 forward stock split in the form of a bonus share. Shareholders of record on September 5, will receive 7 new ordinary shares for each one held, aiming to enhance liquidity and broaden investor access, with the bonus effective on September 8.
Steakholder Foods (STKH) – Steakholder Foods, an Israeli food-tech company pioneering 3D-printed cultivated meat and alternative protein products, is optimizing its capital structure for investors. On September 10, the company will implement a 1-for-8 reverse ADS split, a move aimed at maintaining its Nasdaq listing and improving trading efficiency.
To find more information about historical and upcoming stock splits, visit the TipRanks Stock Splits Calendar.