Imperial Oil Ltd. (IMO) Stock Split History

Imperial Oil Ltd. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 27, 1998 with the ratio of 3-for-1, meaning that for 1 share of IMO owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on May 30, 2006 on a 3-for-1 basis.

These actions have increased IMO 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 Imperial Oil Ltd.'s total market capitalization.

For more detailed information of Imperial Oil Ltd.'s stock splits, view the table below:

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