89.39
4.17%
3.58
After Hours:
88.41
-0.98
-1.10%
Fomento Economico Mexicano S A B De C V Adr (FMX) Stock Split History
Fomento Economico Mexicano S A B De C V Adr has split its stock once since its initial public offering (IPO). The stock split of Fomento Economico Mexicano S A B De C V Adr occurred on May 31, 2007 on a 3-for-1 basis, meaning that for 1 share of FMX 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 Fomento Economico Mexicano S A B De C V Adr's total market capitalization.
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 Fomento Economico Mexicano S A B De C V Adr's total market capitalization.
FMX stock split list
Date | Split Ratio |
---|---|
2007-05-31 | 3 - for - 1 |
Will Fomento Economico Mexicano S A B De C V Adr Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Fomento Economico Mexicano S A B De C V Adr 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 FMX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Fomento Economico Mexicano S A B De C V Adr's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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