Cass Information Systems Inc (CASS) Stock Split History

Cass Information Systems Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on March 17, 1997 with the ratio of 2-for-1, meaning that for 1 share of CASS owned pre-split, shareholders then owned 2 shares. 9 more splits have been implemented since then. The most recent stock split took place on December 03, 2018 on a 6-for-5 basis.

These splits have increased CASS stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Cass Information Systems Inc's total market capitalization.

For more detailed information of Cass Information Systems Inc's stock splits, view the table below:

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