Macatawa Bank Corp (MCBC) Stock Split History

Macatawa Bank Corp has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on April 19, 2001 with the ratio of 34-for-33, meaning that for 33 shares of MCBC owned pre-split, shareholders then owned 34 shares. 7 more splits have been implemented since then. The most recent stock split took place on May 09, 2007 on a 21-for-20 basis.

These splits have increased MCBC 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 Macatawa Bank Corp's total market capitalization.

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

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