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.