Foremost Lithium Resource & Technology Ltd (FMST) Stock Split History

Foremost Lithium Resource & Technology Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 04, 2023 with the ratio of 1-for-50, meaning that for 50 shares of FMST owned pre-split, shareholders then owned 1 share. The most recent stock split took place on July 05, 2023 on a 1-for-50 basis.

These actions have increased FMST 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 Foremost Lithium Resource & Technology Ltd's total market capitalization.

For more detailed information of Foremost Lithium Resource & Technology Ltd's stock splits, view the table below:

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