Onto Innovation Inc. (ONTO) Stock Split History

Onto Innovation Inc. has split its stock once since its initial public offering (IPO). The stock split of Onto Innovation Inc. occurred on October 28, 2019 on a 46-for-57 basis, meaning that for 57 shares of ONTO owned pre-split, shareholders then owned 46 shares.

This action has increased the 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 changes the number of shares and the price per share with no impact on Onto Innovation Inc.'s total market capitalization.

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