Texas Pacific Land Corporation (TPL) Stock Split History

Texas Pacific Land Corporation has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on July 01, 1975 with the ratio of 2-for-1, meaning that for 1 share of TPL owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on March 27, 2024 on a 3-for-1 basis.

These splits have increased TPL 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 Texas Pacific Land Corporation's total market capitalization.

For more detailed information of Texas Pacific Land Corporation's stock splits, view the table below:

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