Phx Minerals Inc (PHX) Stock Split History

Phx Minerals Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 02, 1999 with the ratio of 3-for-1, meaning that for 1 share of PHX owned pre-split, shareholders then owned 3 shares. 3 more splits have been implemented since then. The most recent stock split took place on October 09, 2014 on a 2-for-1 basis.

These splits have increased PHX 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 Phx Minerals Inc's total market capitalization.

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

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