Orrstown Financial Services Inc (ORRF) Stock Split History

Orrstown Financial Services Inc has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on May 08, 1997 with the ratio of 21-for-20, meaning that for 20 shares of ORRF owned pre-split, shareholders then owned 21 shares. 7 more splits have been implemented since then. The most recent stock split took place on May 23, 2007 on a 21-for-20 basis.

These splits have increased ORRF 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 Orrstown Financial Services Inc's total market capitalization.

For more detailed information of Orrstown Financial Services Inc's stock splits, view the table below:

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