Top Ships Inc (TOPS) Stock Split History

Top Ships Inc has split its stock 11 times since its initial public offering (IPO). The first stock split occurred on April 21, 2014 with the ratio of 1-for-7, meaning that for 7 shares of TOPS owned pre-split, shareholders then owned 1 share. 10 more splits have been implemented since then. The most recent stock split took place on September 29, 2023 on a 1-for-12 basis.

These splits have increased TOPS 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 Top Ships Inc's total market capitalization.

For more detailed information of Top Ships Inc's stock splits, view the table below:

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