Optimumbank Holdings Inc (OPHC) Stock Split History

Optimumbank Holdings Inc has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on May 09, 2006 with the ratio of 21-for-20, meaning that for 20 shares of OPHC owned pre-split, shareholders then owned 21 shares. 6 more splits have been implemented since then. The most recent stock split took place on January 12, 2016 on a 1-for-10 basis.

These splits have increased OPHC 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 Optimumbank Holdings Inc's total market capitalization.

For more detailed information of Optimumbank Holdings Inc's stock splits, view the table below:

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