Stonex Group Inc (SNEX) Stock Split History

Stonex Group Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on December 23, 1997 with the ratio of 11-for-10, meaning that for 10 shares of SNEX owned pre-split, shareholders then owned 11 shares. 3 more splits have been implemented since then. The most recent stock split took place on November 27, 2023 on a 3-for-2 basis.

These splits have increased SNEX 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 Stonex Group Inc's total market capitalization.

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

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