Cemtrex Inc (CETX) Stock Split History

Cemtrex Inc has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on October 17, 2006 with the ratio of 15-for-1, meaning that for 1 share of CETX owned pre-split, shareholders then owned 15 shares. 5 more splits have been implemented since then. The most recent stock split took place on October 03, 2024 on a 1-for-60 basis.

These splits have increased CETX 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 Cemtrex Inc's total market capitalization.

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

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