Unity Bancorp Inc (UNTY) Stock Split History

Unity Bancorp Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on October 29, 1996 with the ratio of 5-for-4, meaning that for 4 shares of UNTY owned pre-split, shareholders then owned 5 shares. 9 more splits have been implemented since then. The most recent stock split took place on September 13, 2016 on a 110-for-100 basis.

These splits have increased UNTY 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 Unity Bancorp Inc's total market capitalization.

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

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