Saga Communications, Inc. (SGA) Stock Split History

Saga Communications, Inc. has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on August 01, 1995 with the ratio of 5-for-4, meaning that for 4 shares of SGA owned pre-split, shareholders then owned 5 shares. 7 more splits have been implemented since then. The most recent stock split took place on January 17, 2013 on a 4-for-3 basis.

These splits have increased SGA 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 Saga Communications, Inc.'s total market capitalization.

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

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