Euroseas Ltd (ESEA) Stock Split History

Euroseas Ltd has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 06, 2006 with the ratio of 1-for-3, meaning that for 3 shares of ESEA owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on December 19, 2019 on a 1-for-8 basis.

These splits have increased ESEA 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 Euroseas Ltd's total market capitalization.

For more detailed information of Euroseas Ltd's stock splits, view the table below:

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