How many times has Novo Nordisk (NVO) split its stock?

Our data shows 5 stock splits for Novo Nordisk (NVO). See the table on this page for dates and ratios.

What is a stock split?

A stock split increases the number of shares outstanding while proportionally lowering the share price, so market capitalization is unchanged. Chart and return tools often use split-adjusted prices. The split table on this page refreshes daily from our corporate-actions data.

What is the cumulative split multiple for NVO?

Multiplying each split factor in chronological order gives a cumulative multiple of about 200 from the oldest split through the most recent one in our table.

Does a stock split change the value of my NVO investment?

A split does not change the total market value of your holding by itself; you own more shares at a lower per-share price. Dividends per share and some per-share metrics are often adjusted for splits.

Stock split history for Novo Nordisk (NVO)

Novo Nordisk stock (symbol: NVO) underwent a total of 5 stock splits.

The most recent stock split occurred on September 20, 2023.

One NVO share bought prior to April 18, 1994 would equal 200 NVO shares today.

The same share count applies to one share bought at IPO on April 30, 1981.

Novo Nordisk

NVO

Stock splits history (since IPO on April 30, 1981)

Cumulative multiple is the running product of split factors from the chronologically oldest row through each date. Rows are listed newest-first, so the cumulative column reads forward in time from the bottom of the table toward the top.

Date	Type	Split	Multiple	Cumulative multiple	Pre-split price	Post-split price
September 20, 2023	Stock split	2:1	x2	x200	$187.06	$94.70
January 9, 2014	Stock split	5:1	x5	x100	$189.30	$38.10
December 17, 2007	Stock split	2:1	x2	x20	$127	$63.30
April 11, 2001	Stock split	5:2	x2.5	x10	$92.50	$37.60
April 18, 1994	Stock split	4:1	x4	x4	$102.50	$26

September 20, 2023

Type: Stock split
Split: 2:1
Multiple: x2
Cumulative multiple: x200
Pre-split price: $187.06
Post-split price: $94.70

January 9, 2014

Type: Stock split
Split: 5:1
Multiple: x5
Cumulative multiple: x100
Pre-split price: $189.30
Post-split price: $38.10

December 17, 2007

Type: Stock split
Split: 2:1
Multiple: x2
Cumulative multiple: x20
Pre-split price: $127
Post-split price: $63.30

April 11, 2001

Type: Stock split
Split: 5:2
Multiple: x2.5
Cumulative multiple: x10
Pre-split price: $92.50
Post-split price: $37.60

April 18, 1994

Type: Stock split
Split: 4:1
Multiple: x4
Cumulative multiple: x4
Pre-split price: $102.50
Post-split price: $26

Row notes (5)

September 20, 2023—Historic 2-for-1 forward split driven by unprecedented growth and all-time high share prices following the global success of Wegovy and Ozempic in the weight-loss market.
January 9, 2014—Strategic 5-for-1 stock split executed to enhance liquidity as the company solidified its dominant position in the global diabetes care and insulin markets.
December 17, 2007—Standard forward split implemented after a period of sustained price appreciation, keeping the stock accessible to a wider range of retail and institutional investors.
April 11, 2001—A unique 5-for-2 share adjustment (2.5x multiple) aimed at managing the rising share price during a pivotal era of product pipeline expansion and R&D breakthroughs.
April 18, 1994—Large-scale 4-for-1 split, marking an early-stage milestone in Novo Nordisk’s public trading history as it scaled its international operations.

Pre-split price is the final regular-session close on a trading day strictly before the split calendar date. Post-split price is the first session open on or after that date. Both values come from unadjusted end-of-day bars for the company's primary listing.

The Type column reflects the data feed's event category (for example stock split vs stock dividend). When the feed labels a generic split but the ratio is reverse (e.g. 1:10), we show reverse stock split. Optional editorial context for a row appears next to the split ratio as an info icon (hover or keyboard focus on desktop; tap on mobile). The same text is listed under Row notes when that block is expanded.

Wondering why some rows show ratios like 51:50 or 2000:1973? Read: stock split ratios explained →How the cumulative column is computed: cumulative split multiplier explained. For ratios driven by spin-offs, see spin-offs explained. Or read the methodology for how prices and cumulative multiples are computed.

Stock splits for companies in the Healthcare sector

8 peers sorted by market cap

Compare split histories across large names in the same sector. Each ticker links to its own split table; the list excludes ETFs and funds and follows our daily company snapshot.

Ticker	Company	Market cap
LLY	Eli Lilly and Company	$835.18B
JNJ	Johnson & Johnson	$548.25B
ABBV	AbbVie Inc.	$351.47B
UNH	UnitedHealth Group Incorporated	$322.15B
AZN	AstraZeneca PLC	$294.17B
MRK	Merck & Co., Inc.	$276.54B
AMGN	Amgen Inc.	$185.74B
TMO	Thermo Fisher Scientific Inc.	$174.55B

Frequently asked questions

How many times has Novo Nordisk (NVO) split its stock?: Our data shows 5 stock splits for Novo Nordisk (NVO). See the table on this page for dates and ratios.
What is a stock split?: A stock split increases the number of shares outstanding while proportionally lowering the share price, so market capitalization is unchanged. Chart and return tools often use split-adjusted prices. The split table on this page refreshes daily from our corporate-actions data.
What is the cumulative split multiple for NVO?: Multiplying each split factor in chronological order gives a cumulative multiple of about 200 from the oldest split through the most recent one in our table.
Does a stock split change the value of my NVO investment?: A split does not change the total market value of your holding by itself; you own more shares at a lower per-share price. Dividends per share and some per-share metrics are often adjusted for splits.