Air Industries Group (AIRI) Stock Split History

Air Industries Group has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 21, 2005 with the ratio of 157-for-196, meaning that for 196 shares of AIRI owned pre-split, shareholders then owned 157 shares. 2 more splits have been implemented since then. The most recent stock split took place on October 18, 2022 on a 1-for-10 basis.

These splits have increased AIRI stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Air Industries Group's total market capitalization.

For more detailed information of Air Industries Group's stock splits, view the table below:

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