Color Star Technology Co Ltd (ADD) Stock Split History

Color Star Technology Co Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 02, 2013 with the ratio of 1-for-12, meaning that for 12 shares of ADD owned pre-split, shareholders then owned 1 share. The most recent stock split took place on September 26, 2022 on a 1-for-40 basis.

These actions have increased ADD 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 Color Star Technology Co Ltd's total market capitalization.

For more detailed information of Color Star Technology Co Ltd's stock splits, view the table below:

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