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.