Ocean Power Technologies, Inc. (OPTT) Stock Split History

Ocean Power Technologies, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 27, 2007 with the ratio of 1-for-10, meaning that for 10 shares of OPTT owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on March 12, 2019 on a 1-for-20 basis.

These splits have increased OPTT 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 Ocean Power Technologies, Inc.'s total market capitalization.

For more detailed information of Ocean Power Technologies, Inc.'s stock splits, view the table below:

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