Tuanche Ltd Adr (TC) Stock Split History

Tuanche Ltd Adr has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 22, 2020 with the ratio of 1-for-4, meaning that for 4 shares of TC owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 26, 2024 on a 1-for-15 basis.

These actions have increased TC 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 Tuanche Ltd Adr's total market capitalization.

For more detailed information of Tuanche Ltd Adr's stock splits, view the table below:

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