Logan Ridge Finance Corporation (LRFC) Stock Split History

Logan Ridge Finance Corporation has split its stock once since its initial public offering (IPO). The stock split of Logan Ridge Finance Corporation occurred on August 24, 2020 on a 1-for-6 basis, meaning that for 6 shares of LRFC 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 Logan Ridge Finance Corporation's total market capitalization.

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