Parke Bancorp Inc (PKBK) Stock Split History

Parke Bancorp Inc has split its stock 11 times since its initial public offering (IPO). The first stock split occurred on May 07, 2006 with the ratio of 6-for-5, meaning that for 5 shares of PKBK owned pre-split, shareholders then owned 6 shares. 10 more splits have been implemented since then. The most recent stock split took place on February 14, 2020 on a 11-for-10 basis.

These splits have increased PKBK 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 Parke Bancorp Inc's total market capitalization.

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

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