Armour Residential Reit Inc (ARR) Stock Split History

Armour Residential Reit Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 03, 2015 with the ratio of 1-for-8, meaning that for 8 shares of ARR owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 02, 2023 on a 1-for-5 basis.

These actions have increased ARR 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 Armour Residential Reit Inc's total market capitalization.

For more detailed information of Armour Residential Reit Inc's stock splits, view the table below:

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