Alto Ingredients Inc (ALTO) Stock Split History

Alto Ingredients Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on January 07, 2004 with the ratio of 1-for-5, meaning that for 5 shares of ALTO owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on May 14, 2013 on a 1-for-15 basis.

These splits have increased ALTO 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 Alto Ingredients Inc's total market capitalization.

For more detailed information of Alto Ingredients Inc's stock splits, view the table below:

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