Heritage Commerce Corp. (HTBK) Stock Split History

Heritage Commerce Corp. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 22, 1999 with the ratio of 3-for-2, meaning that for 2 shares of HTBK owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on February 03, 2000 on a 11-for-10 basis.

These actions have increased HTBK 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 Heritage Commerce Corp.'s total market capitalization.

For more detailed information of Heritage Commerce Corp.'s stock splits, view the table below:

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