Split History
ETFs Holding NOVN »    NOVN Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Novan is a clinical development-stage biotechnology company focused on utilizing nitric oxide's naturally occurring anti-viral, anti-bacterial, anti-fungal and immunomodulatory mechanisms of action to treat a range of diseases with unmet needs. Co.'s product candidates are: SB204, a once-daily, topical monotherapy for the treatment of acne vulgaris; SB206, a topical anti-viral gel for the treatment of viral skin infections; SB208, a topical broad-spectrum anti-fungal gel for the treatment of fungal infections of the skin and nails; and SB414, a topical cream-based product candidate for the treatment of inflammatory skin diseases. According to our NOVN split history records, Novan has had 1 split.
NOVN split history picture
Novan (NOVN) has 1 split in our NOVN split history database. The split for NOVN took place on May 26, 2021. This was a 1 for 10 reverse split, meaning for each 10 shares of NOVN owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.

When a company such as Novan conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the NOVN split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Novan shares, starting with a $10,000 purchase of NOVN, presented on a split-history-adjusted basis factoring in the complete NOVN split history. NOVN split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/21/2016
End date: 08/03/2021
Start price/share: $181.00
End price/share: $8.21
Dividends collected/share: $0.00
Total return: -95.46%
Average Annual Total Return: -47.02%
Starting investment: $10,000.00
Ending investment: $453.78
Years: 4.87
Date Ratio
05/26/20211 for 10
NOVN is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:

NRCIB Split History
NSPH Split History
NSPR Split History
NURO Split History
NVAX Split History
NVGN Split History
NVIV Split History
NVLS Split History
NVO Split History
NVUS Split History

Also explore: NOVN shares outstanding history

Transportation Services, Inc. (PTSI)
Ashford Hospitality Trust, Inc. (AHT)
Staffing 360 Solutions, Inc. (STAF)
Trisura Group Ltd. (TSU.CA)
BetaPro NASDAQ-100 2x Daily Bull ETF (HQU)
BetaPro S&P 500 2x Daily Bull ETF (HSU)
BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (HEU)
BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (HFU)
BetaPro S&P/TSX 60 2x Daily Bull ETF (HXU)
BetaPro Crude Oil Leveraged Daily Bull ETF (HOU)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

NOVN Insider Buying

NOVN Split History | www.SplitHistory.com | Copyright © 2013 - 2021, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.