Gyrodyne LLC (GYRO) Stock Split History

Gyrodyne LLC has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on August 25, 1992 with the ratio of 51-for-50, meaning that for 50 shares of GYRO owned pre-split, shareholders then owned 51 shares. 4 more splits have been implemented since then. The most recent stock split took place on September 01, 2015 on a 16-for-177 basis.

These splits have increased GYRO 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 Gyrodyne LLC's total market capitalization.

For more detailed information of Gyrodyne LLC's stock splits, view the table below:

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