Electra Battery Materials Corp (ELBM) Stock Split History

Electra Battery Materials Corp has split its stock once since its initial public offering (IPO). The stock split of Electra Battery Materials Corp occurred on April 13, 2022 on a 1-for-18 basis, meaning that for 18 shares of ELBM owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Electra Battery Materials Corp's total market capitalization.

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