Penns Woods Bancorp Inc (PWOD) Stock Split History

Penns Woods Bancorp Inc has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on August 01, 1995 with the ratio of 3-for-2, meaning that for 2 shares of PWOD owned pre-split, shareholders then owned 3 shares. 5 more splits have been implemented since then. The most recent stock split took place on October 01, 2019 on a 3-for-2 basis.

These splits have increased PWOD 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 Penns Woods Bancorp Inc's total market capitalization.

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

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