Tomi Environmental Solutions Inc (TOMZ) Stock Split History

Tomi Environmental Solutions Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 17, 2007 with the ratio of 1-for-20, meaning that for 20 shares of TOMZ owned pre-split, shareholders then owned 1 share. The most recent stock split took place on September 15, 2020 on a 1-for-8 basis.

These actions have increased TOMZ 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 Tomi Environmental Solutions Inc's total market capitalization.

For more detailed information of Tomi Environmental Solutions Inc's stock splits, view the table below:

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