Gulf Resources Inc (GURE) Stock Split History

Gulf Resources Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on October 23, 2006 with the ratio of 1-for-100, meaning that for 100 shares of GURE owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on January 28, 2020 on a 1-for-5 basis.

These splits have increased GURE 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 Gulf Resources Inc's total market capitalization.

For more detailed information of Gulf Resources Inc's stock splits, view the table below:

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