Research Frontiers Inc. (REFR) Stock Split History

Research Frontiers Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 16, 1993 with the ratio of 3-for-2, meaning that for 2 shares of REFR owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on February 16, 1994 on a 5-for-4 basis.

These actions have increased REFR 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 Research Frontiers Inc.'s total market capitalization.

For more detailed information of Research Frontiers Inc.'s stock splits, view the table below:

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