Edgio Inc (EGIO) Stock Split History

Edgio Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 14, 2007 with the ratio of 3-for-2, meaning that for 2 shares of EGIO owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on March 01, 2024 on a 1-for-40 basis.

These actions have increased EGIO 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 Edgio Inc's total market capitalization.

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

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