Asure Software Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 29, 2009 with the ratio of 1-for-10, meaning that for 10 shares of ASUR owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 01, 2012 on a 3-for-2 basis.
These actions have increased ASUR 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 Asure Software Inc's total market capitalization.
For more detailed information of Asure Software Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Asure Software 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 ASUR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Asure Software Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
