Cantaloupe Inc (CTLP) Stock Split History

Cantaloupe Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 07, 1999 with the ratio of 1-for-10, meaning that for 10 shares of CTLP owned pre-split, shareholders then owned 1 share. The most recent stock split took place on February 17, 2006 on a 1-for-100 basis.

These actions have increased CTLP 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 Cantaloupe Inc's total market capitalization.

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

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