37.10
price up icon0.62%   0.23
 
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Tanger Inc (SKT) Stock Split History

Tanger Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 29, 2004 with the ratio of 2-for-1, meaning that for 1 share of SKT owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on January 25, 2011 on a 2-for-1 basis.

These actions have increased SKT 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 Tanger Inc's total market capitalization.

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

SKT stock split list

Date Split Ratio
2011-01-25 2 - for - 1
2004-12-29 2 - for - 1

Will Tanger Inc Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
O 2005-01-03 2 - for - 1
KIM 2005-08-24 2 - for - 1
FRT 1985-11-06 3 - for - 2
KRG 2014-08-12 1 - for - 4
PECO 2021-07-06 1 - for - 3
MAC 2009-11-09 51 - for - 50
SKT 2011-01-25 2 - for - 1
IVT 2021-08-06 1 - for - 10
GTY 1990-04-06 105 - for - 100
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