Charles & Colvard Ltd (CTHR) Stock Split History

Charles & Colvard Ltd has split its stock 2 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. The most recent stock split took place on January 31, 2006 on a 5-for-4 basis.

These actions have increased CTHR 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 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.