Spruce Power Holding Corporation (SPRU) Stock Split History

Spruce Power Holding Corporation has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 10, 2004 with the ratio of 1-for-13, meaning that for 13 shares of SPRU owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 09, 2023 on a 1-for-8 basis.

These actions have increased SPRU 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 Spruce Power Holding Corporation's total market capitalization.

For more detailed information of Spruce Power Holding Corporation's stock splits, view the table below:

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