Imperial Petroleum Inc (IMPP) Stock Split History

Imperial Petroleum Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 27, 2023 with the ratio of 1-for-15, meaning that for 15 shares of IMPP owned pre-split, shareholders then owned 1 share. The most recent stock split took place on April 28, 2023 on a 1-for-15 basis.

These actions have increased IMPP 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 Imperial Petroleum Inc's total market capitalization.

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

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