Professional Diversity Network Inc (IPDN) Stock Split History

Professional Diversity Network Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 27, 2016 with the ratio of 1-for-8, meaning that for 8 shares of IPDN owned pre-split, shareholders then owned 1 share. The most recent stock split took place on January 05, 2023 on a 1-for-2 basis.

These actions have increased IPDN 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 Professional Diversity Network Inc's total market capitalization.

For more detailed information of Professional Diversity Network Inc's stock splits, view the table below:

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