Lesaka Technologies Inc (LSAK) Stock Split History

Lesaka Technologies Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 16, 1998 with the ratio of 2-for-1, meaning that for 1 share of LSAK owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on June 13, 2005 on a 1-for-6 basis.

These actions have increased LSAK 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 Lesaka Technologies Inc's total market capitalization.

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

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