Recon Technology Ltd (RCON) Stock Split History

Recon Technology Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 27, 2019 with the ratio of 1-for-5, meaning that for 5 shares of RCON owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 01, 2024 on a 1-for-18 basis.

These actions have increased RCON stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Recon Technology Ltd's total market capitalization.

For more detailed information of Recon Technology Ltd's stock splits, view the table below:

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