Charles Colvard Ltd (CTHR) Stock Split History

Charles Colvard Ltd has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 28, 2005 with the ratio of 21-for-20, meaning that for 20 shares of CTHR owned pre-split, shareholders then owned 21 shares. 2 more splits have been implemented since then. The most recent stock split took place on May 17, 2024 on a 1-for-10 basis.

These splits have increased CTHR 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 Charles Colvard Ltd's total market capitalization.

For more detailed information of Charles Colvard Ltd's stock splits, view the table below:

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