Middlefield Banc Corp (MBCN) Stock Split History

Middlefield Banc Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 29, 2006 with the ratio of 21-for-20, meaning that for 20 shares of MBCN owned pre-split, shareholders then owned 21 shares. 2 more splits have been implemented since then. The most recent stock split took place on November 12, 2019 on a 2-for-1 basis.

These splits have increased MBCN stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Middlefield Banc Corp's total market capitalization.

For more detailed information of Middlefield Banc Corp's stock splits, view the table below:

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