Agriforce Growing Systems Ltd (AGRI) Stock Split History

Agriforce Growing Systems Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 27, 2005 with the ratio of 1-for-1000, meaning that for 1000 shares of AGRI owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 11, 2023 on a 1-for-50 basis.

These actions have increased AGRI 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 Agriforce Growing Systems Ltd's total market capitalization.

For more detailed information of Agriforce Growing Systems Ltd's stock splits, view the table below:

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