California Bancorp (CALB) Stock Split History

California Bancorp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 27, 2006 with the ratio of 1-for-5, meaning that for 5 shares of CALB owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 16, 2017 on a 105-for-100 basis.

These actions have increased CALB 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 California Bancorp's total market capitalization.

For more detailed information of California Bancorp's stock splits, view the table below:

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