Cenntro Electric Group Limited (CENN) Stock Split History

Cenntro Electric Group Limited has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on December 20, 2019 with the ratio of 1-for-100, meaning that for 100 shares of CENN owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on December 08, 2023 on a 1-for-10 basis.

These splits have increased CENN 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 Cenntro Electric Group Limited's total market capitalization.

For more detailed information of Cenntro Electric Group Limited's stock splits, view the table below:

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