Enlink Midstream Llc (ENLC) Stock Split History

Enlink Midstream Llc has split its stock once since its initial public offering (IPO). The stock split of Enlink Midstream Llc occurred on December 18, 2006 on a 3-for-1 basis, meaning that for 1 share of ENLC owned pre-split, shareholders then owned 3 shares.

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 Enlink Midstream Llc's total market capitalization.

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