Flexshopper Inc (FPAY) Stock Split History

Flexshopper Inc has split its stock once since its initial public offering (IPO). The stock split of Flexshopper Inc occurred on October 25, 2016 on a 1-for-10 basis, meaning that for 10 shares of FPAY owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Flexshopper Inc's total market capitalization.

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