Enlightify Inc (CGA) Stock Split History

Enlightify Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 16, 2007 with the ratio of 1-for-9, meaning that for 9 shares of CGA owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on June 28, 2019 on a 1-for-12 basis.

These splits have increased CGA 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 Enlightify Inc's total market capitalization.

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

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