Loop Industries Inc (LOOP) Stock Split History

Loop Industries Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 12, 2014 with the ratio of 50-for-1, meaning that for 1 share of LOOP owned pre-split, shareholders then owned 50 shares. The most recent stock split took place on September 21, 2015 on a 1-for-4 basis.

These actions have increased LOOP 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 Loop Industries Inc's total market capitalization.

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

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