Citizens, Inc. (CIA) Stock Split History

Citizens, Inc. has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on November 29, 1999 with the ratio of 15-for-14, meaning that for 14 shares of CIA owned pre-split, shareholders then owned 15 shares. 5 more splits have been implemented since then. The most recent stock split took place on December 13, 2005 on a 15-for-14 basis.

These splits have increased CIA 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 Citizens, Inc.'s total market capitalization.

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

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