Beam Global has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 30, 2010 with the ratio of 13-for-4, meaning that for 4 shares of BEEM owned pre-split, shareholders then owned 13 shares. The most recent stock split took place on April 16, 2019 on a 1-for-50 basis.
These actions have increased BEEM 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 Beam Global's total market capitalization.
For more detailed information of Beam Global's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Beam Global 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 BEEM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Beam Global's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
