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Schlumberger Ltd (SLB) Stock Split History
Schlumberger Ltd has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on October 25, 1972 with the ratio of 3-for-1, meaning that for 1 share of SLB owned pre-split, shareholders then owned 3 shares. 7 more splits have been implemented since then. The most recent stock split took place on April 10, 2006 on a 2-for-1 basis.
These splits have increased SLB stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Schlumberger Ltd's total market capitalization.
For more detailed information of Schlumberger Ltd's stock splits, view the table below:
These splits have increased SLB stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Schlumberger Ltd's total market capitalization.
For more detailed information of Schlumberger Ltd's stock splits, view the table below:
SLB stock split list
Date | Split Ratio |
---|---|
2006-04-10 | 2 - for - 1 |
1997-07-14 | 2 - for - 1 |
1981-07-16 | 3 - for - 2 |
1980-10-15 | 3 - for - 2 |
1979-04-17 | 3 - for - 2 |
1977-01-18 | 3 - for - 2 |
1975-04-17 | 3 - for - 2 |
1972-10-25 | 3 - for - 1 |
Will Schlumberger Ltd Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Schlumberger 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 SLB stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Schlumberger Ltd's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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