The Marygold Companies, Inc. (MGLD) Stock Split History

The Marygold Companies, Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 15, 2015 with the ratio of 1-for-10, meaning that for 10 shares of MGLD owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 15, 2017 on a 1-for-30 basis.

These actions have increased MGLD 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 The Marygold Companies, Inc.'s total market capitalization.

For more detailed information of The Marygold Companies, Inc.'s stock splits, view the table below:

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