Oak Valley Bancorp (OVLY) Stock Split History

Oak Valley Bancorp has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on March 03, 1999 with the ratio of 5-for-4, meaning that for 4 shares of OVLY owned pre-split, shareholders then owned 5 shares. 4 more splits have been implemented since then. The most recent stock split took place on January 17, 2006 on a 3-for-2 basis.

These splits have increased OVLY 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 Oak Valley Bancorp's total market capitalization.

For more detailed information of Oak Valley Bancorp's stock splits, view the table below:

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