Ohio Valley Banc Corp (OVBC) Stock Split History

Ohio Valley Banc Corp has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on May 11, 1995 with the ratio of 4-for-3, meaning that for 3 shares of OVBC owned pre-split, shareholders then owned 4 shares. 5 more splits have been implemented since then. The most recent stock split took place on May 11, 2005 on a 5-for-4 basis.

These splits have increased OVBC 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 Ohio Valley Banc Corp's total market capitalization.

For more detailed information of Ohio Valley Banc Corp's stock splits, view the table below:

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