Aquabounty Technologies Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 05, 2017 with the ratio of 1-for-30, meaning that for 30 shares of AQB owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 16, 2023 on a 1-for-20 basis.
These actions have increased AQB 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 Aquabounty Technologies Inc's total market capitalization.
For more detailed information of Aquabounty Technologies Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Aquabounty Technologies 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 AQB stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Aquabounty Technologies Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
