Creative Media Community Trust (CMCT) Stock Split History

Creative Media Community Trust has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 29, 2014 with the ratio of 1-for-5, meaning that for 5 shares of CMCT owned pre-split, shareholders then owned 1 share. The most recent stock split took place on September 03, 2019 on a 1-for-3 basis.

These actions have increased CMCT stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Creative Media Community Trust's total market capitalization.

For more detailed information of Creative Media Community Trust's stock splits, view the table below:

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