Virginia National Bankshares Corp (VABK) Stock Split History

Virginia National Bankshares Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 13, 2011 with the ratio of 23-for-20, meaning that for 20 shares of VABK owned pre-split, shareholders then owned 23 shares. 2 more splits have been implemented since then. The most recent stock split took place on June 25, 2019 on a 105-for-100 basis.

These splits have increased VABK 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 Virginia National Bankshares Corp's total market capitalization.

For more detailed information of Virginia National Bankshares Corp's stock splits, view the table below:

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