Good Times Restaurants Inc. (GTIM) Stock Split History

Good Times Restaurants Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 23, 1998 with the ratio of 1-for-5, meaning that for 5 shares of GTIM owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 31, 2010 on a 1-for-3 basis.

These actions have increased GTIM 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 Good Times Restaurants Inc.'s total market capitalization.

For more detailed information of Good Times Restaurants Inc.'s stock splits, view the table below:

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