Choiceone Financial Services Inc (COFS) Stock Split History

Choiceone Financial Services Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on November 29, 1995 with the ratio of 6-for-5, meaning that for 5 shares of COFS owned pre-split, shareholders then owned 6 shares. 9 more splits have been implemented since then. The most recent stock split took place on May 09, 2018 on a 21-for-20 basis.

These splits have increased COFS 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 Choiceone Financial Services Inc's total market capitalization.

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

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