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Laboratory of America Holdings ($LH) Stock Split History

Laboratory of America Holdings stock has experienced a total of 3 stock splits in its history, including a reverse stock split. The most recent stock split took place on May 13th, 2002. As a result of these stock splits, one Laboratory of America Holdings share purchased prior to May 4th, 2000, would now be equivalent to holding 0.4 Laboratory of America Holdings shares today.

Laboratory of America Holdings ($LH) Stock Split History Graph and Chart

Laboratory of America Holdings ($LH) Stock Split Dates

Date Ratio
05/04/20001 for 10
06/12/20012 for 1
05/13/20022 for 1

FAQs (Frequently Asked Questions)

How Does a Laboratory of America Holdings Share Split Work?

A Laboratory of America Holdings stock split is no different than any other stock split. Laboratory of America Holdings is simply packaging the number of outstanding shares in a different way. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). Say you have 100 shares of Laboratory of America Holdings, then the day of the split you will receive 2 shares for every 1 share you hold in your brokerage account, meaning you will receive 200 shares on the stock split date. However, the price of the stock will reflect this change and your holding of Laboratory of America Holdings (in terms of value) will remain practically the same.

Benefits of a Laboratory of America Holdings Stock Split?

A stock split does not change the fundamental value of a company. Meaning a Laboratory of America Holdings stock split will not make the business more valuable. However, there is a psychological benefit in that the share price will be lower after the split, making shares seem more accessible to everyone and thus temporarily increasing demand and ramping up share prices. To further explore stock splits, please refer to Investopedia.

Buying Before or After a $LH Stock Split?

While this is not financial advice and we have not run any thorough studies on the matter, general consensus is that price tends to go up after the announcement of a stock split and before the stock split itself happens.

Why did $LH Perform a Reverse Stock Split?

A reverse stock split is the opposite of a normal stock split. So now, if you had 10 shares of $LH, you will only get 1 share (in the case of a 10-for-1 reverse stock split). Companies like Laboratory of America Holdings usually perform a reverse stock split when the share price is low. For example, if it is less than a dollar, it might be conceived as a penny stock. To avoid this appearance, you perform a reverse stock split and change the price per share.

Will Laboratory of America Holdings Stock Split?

Unfortunately, we do not know. There might be rumors of a Laboratory of America Holdings stock split, but the truth is that until the board proposes a shares split to its shareholders, it's all just noise.

How Does a Stock Split Affect $LH Options?

A stock split affects options the same way it affect shares. In the case of a 2-for-1, the strike price of all the options chain post-split will be divided by 2 automatically. So if you're holding CALLs or PUTs, the strike price of the $LH option will be automatically changed on the day of the split. Also, the number of shares will double. So if you have a CALL in a 2-for-1, after split you will have 2 calls to control 200 shares, and the strike price of those two CALLs would be halved.

Laboratory of America Holdings Shares Split Results in Fractional Shares

Not all shares splits are even. Some splits, like a 3-for-2 can result in shareholders owning fractional shares. In these cases it's best to contact your broker, to be clear on how they will handle the $LH shares split.