Reliance Global Group Inc (RELI) Stock Split History

Reliance Global Group Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 09, 2021 with the ratio of 2-for-171, meaning that for 171 shares of RELI owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on February 23, 2023 on a 1-for-15 basis.

These actions have increased RELI 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 Reliance Global Group Inc's total market capitalization.

For more detailed information of Reliance Global Group Inc's stock splits, view the table below:

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