Cathay General Bancorp (CATY) Stock Split History

Cathay General Bancorp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 27, 1992 with the ratio of 120-for-100, meaning that for 100 shares of CATY owned pre-split, shareholders then owned 120 shares. 2 more splits have been implemented since then. The most recent stock split took place on September 29, 2004 on a 2-for-1 basis.

These splits have increased CATY 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 Cathay General Bancorp's total market capitalization.

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

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