Park Aerospace Corp (PKE) Stock Split History

Park Aerospace Corp has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on July 08, 1971 with the ratio of 105-for-100, meaning that for 100 shares of PKE owned pre-split, shareholders then owned 105 shares. 7 more splits have been implemented since then. The most recent stock split took place on November 09, 2000 on a 3-for-2 basis.

These splits have increased PKE 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 Park Aerospace Corp's total market capitalization.

For more detailed information of Park Aerospace Corp's stock splits, view the table below:

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