Riley Exploration Permian Inc. (REPX) Stock Split History

Riley Exploration Permian Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 30, 2001 with the ratio of 21-for-20, meaning that for 20 shares of REPX owned pre-split, shareholders then owned 21 shares. 2 more splits have been implemented since then. The most recent stock split took place on March 01, 2021 on a 1-for-12 basis.

These splits have increased REPX 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 Riley Exploration Permian Inc.'s total market capitalization.

For more detailed information of Riley Exploration Permian Inc.'s stock splits, view the table below:

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