Golden Ocean Group Limited (GOGL) Stock Split History

Golden Ocean Group Limited has split its stock once since its initial public offering (IPO). The stock split of Golden Ocean Group Limited occurred on August 01, 2016 on a 1-for-5 basis, meaning that for 5 shares of GOGL 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 Golden Ocean Group Limited's total market capitalization.

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