Heritage Global Inc (HGBL) Stock Split History

Heritage Global Inc has split its stock once since its initial public offering (IPO). The stock split of Heritage Global Inc occurred on December 09, 2003 on a 1-for-20 basis, meaning that for 20 shares of HGBL 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 Heritage Global Inc's total market capitalization.

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