Safe & Green Holdings Corp (SGBX) Stock Split History

Safe & Green Holdings Corp has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on February 28, 2017 with the ratio of 1-for-3, meaning that for 3 shares of SGBX owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on May 02, 2024 on a 1-for-20 basis.

These splits have increased SGBX 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 Safe & Green Holdings Corp's total market capitalization.

For more detailed information of Safe & Green Holdings Corp's stock splits, view the table below:

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