4:1, 1:8, 2:1, 1:3 Stock Splits: 5 Mega Stocks Splitting On April 1: Do You Own Any?

With the start of FY25, a total of five mega stocks are set for splitting on April 1. The highest split ratios are 1:8, 4:1, 2:1, and 1:3. Share splits are one of the many methods for improving liquidity and attracting fresh buying from new investors. During stock split ex-split and record date, the demand for these stocks is technically high.

Here is the list of companies splitting on April 1:

Suzuki Motor Corp:

4:1 Stock Splits: Suzuki Motor is the parent company of India's largest auto stock, Maruti Suzuki. The Japanese giant has announced a stock split ratio of 4-to-1. Each share of the Company's common stock held by shareholders as of the record date will be split into 4 shares.

The effective date for the split is scheduled on Monday, April 1, 2024, while the record date was March 29, 2024.

Suzuki Motor is engaged in manufacturing automobiles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines.

Unidoc Health Corp:

2:1 Stock Split: UniDoc Health Corp declared a two (2) for one (1) stock split of its issued and outstanding common shares. That means, each shareholder who held the company's shares as of the record date, will receive one (1) additional share for each share held on such date.

The Company currently has 13,680,450 issued and outstanding common shares. Upon completion of the Share Split, there will be approximately 27,360,900 shares issued and outstanding. The record date for the stock split is April 2, 2024, and the shares will begin trading on a split basis on April 1, 2024. The purpose of the Share Split is to increase the liquidity of the common shares.

UniDoc is developing a telehealth solution which is being designed as a self-contained remote virtual clinic within a private kiosk for patients to undergo full consultations as if they were present in a physician's office.

Pluri:

1:8 Stock Splits: Pluri announced that a reverse share split of the Company's issued and outstanding common shares, par value $0.00001 per share (the "Common Shares") at a ratio of 1-for8 is expected to be implemented at market open on April 1, 2024.

After giving effect to the reverse share split of the Company's Common Shares, each eight (8) Common Shares will be combined into one Common Share, such that the Company's 41,816,959 Common Shares outstanding will be reduced to approximately 5,227,120 Common Shares outstanding (the "Reverse Share Split"). In addition, the authorized capital shares of the Company are being reduced from 300,000,000 Common Shares to 37,500,000 Common Shares as a result of the Reverse Share Split.

Pluri is pushing the boundaries of science and engineering to create cell-based products for commercial use and is pioneering a biotech revolution that promotes global wellbeing and sustainability.

Japan Systems Techniques Co Ltd:

2:1 Stock Splits: The company announced a stock split in the ratio of 2-to-1. The purpose of the stock split is to make investment easier for investors by reducing the value of JAST's investment unit, thereby expanding the investor base and increasing the liquidity of its shares.

The effective date for the stock split is set for April 1, 2024.

Also, Japan System Techniques Co., Ltd. (JAST) will start selling in April 2024 a smartphone app iBss, which
is a business support system for insurers that raises the efficiency of insurance business processes.

Promino Nutritional Sciences Inc:

1:3 Stock Splits: Promino is an innovative and research-driven Canadian nutraceutical company specializing in the development of patented and science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health.

The company has announced the stock split in the ratio of 1-to-3. Meaning, 1 post-consolidated common share for every three (3) pre-consolidated common shares. Accordingly, the outstanding shares will become 60,351,827 common shares in the company.

These companies are listed on OTC and Nasdaq and will be in focus due to their stock splits.