Centrus Energy Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 02, 2013 with the ratio of 1-for-25, meaning that for 25 shares of LEU owned pre-split, shareholders then owned 1 share. The most recent stock split took place on September 30, 2014 on a 10-for-109 basis.
These actions have increased LEU 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 Centrus Energy Corp's total market capitalization.
For more detailed information of Centrus Energy Corp's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Centrus Energy 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 LEU stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Centrus Energy Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
