Idt Corp (IDT) Stock Split History

Idt Corp has split its stock once since its initial public offering (IPO). The stock split of Idt Corp occurred on February 25, 2009 on a 1-for-3 basis, meaning that for 3 shares of IDT owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Idt Corp's total market capitalization.

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