Comstock Resources, Inc. (CRK) Stock Split History

Comstock Resources, Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 15, 1990 with the ratio of 1-for-4, meaning that for 4 shares of CRK owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 01, 2016 on a 1-for-5 basis.

These actions have increased CRK 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 Comstock Resources, Inc.'s total market capitalization.

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

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