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.