Citizens Northern Corp (CZNC) Stock Split History

Citizens Northern Corp has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on November 24, 1999 with the ratio of 101-for-100, meaning that for 100 shares of CZNC owned pre-split, shareholders then owned 101 shares. 9 more splits have been implemented since then. The most recent stock split took place on December 28, 2007 on a 101-for-100 basis.

These splits have increased CZNC 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 Citizens Northern Corp's total market capitalization.

For more detailed information of Citizens Northern Corp's stock splits, view the table below:

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