Glen Burnie Bancorp (GLBZ) Stock Split History

Glen Burnie Bancorp has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on October 02, 1997 with the ratio of 11-for-10, meaning that for 10 shares of GLBZ owned pre-split, shareholders then owned 11 shares. 5 more splits have been implemented since then. The most recent stock split took place on January 10, 2008 on a 6-for-5 basis.

These splits have increased GLBZ stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Glen Burnie Bancorp's total market capitalization.

For more detailed information of Glen Burnie Bancorp's stock splits, view the table below:

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