Edible Garden Ag Inc (EDBL) Stock Split History

Edible Garden Ag Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 26, 2023 with the ratio of 1-for-30, meaning that for 30 shares of EDBL owned pre-split, shareholders then owned 1 share. The most recent stock split took place on April 05, 2024 on a 1-for-20 basis.

These actions have increased EDBL 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 Edible Garden Ag Inc's total market capitalization.

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

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