KPI Green Energy has undertaken several stock splits to increase the number of outstanding shares and improve liquidity. The company's stock has split on three occasions: July 17, 2024, February 14, 2024, and January 17, 2023.
These stock splits effectively reduce the price per share, making the stock more accessible to a broader range of investors while not changing the total value of an investor's holdings. For instance, in a 2:1 split, an investor holding one share would then hold two shares, each valued at half the original price.
KPI Green Energy Stock Split History
Here is a summary of the historical stock splits for KPI Green Energy:
Split Date | Split Ratio |
---|---|
Jul 17, 2024 | 2:1 Stock Split |
Feb 14, 2024 | 1.5:1 Stock Split |
Jan 17, 2023 | 2:1 Stock Split |
Understanding stock splits is crucial for investors as they impact the per-share price and the number of shares held, but not the overall market capitalization of the company or an investor's total equity value.