Smith Micro Software Inc (SMSI) Stock Split History

Smith Micro Software Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 17, 2016 with the ratio of 1-for-4, meaning that for 4 shares of SMSI owned pre-split, shareholders then owned 1 share. The most recent stock split took place on April 11, 2024 on a 1-for-8 basis.

These actions have increased SMSI 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 Smith Micro Software Inc's total market capitalization.

For more detailed information of Smith Micro Software Inc's stock splits, view the table below:

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