Globus Maritime Ltd (GLBS) Stock Split History

Globus Maritime Ltd has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on July 29, 2010 with the ratio of 1-for-4, meaning that for 4 shares of GLBS owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on October 21, 2020 on a 1-for-100 basis.

These splits have increased GLBS 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 Globus Maritime Ltd's total market capitalization.

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

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