Trustco Bank Corp (TRST) Stock Split History

Trustco Bank Corp has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on November 22, 1993 with the ratio of 2-for-1, meaning that for 1 share of TRST owned pre-split, shareholders then owned 2 shares. 9 more splits have been implemented since then. The most recent stock split took place on May 28, 2021 on a 1-for-5 basis.

These splits have increased TRST 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 Trustco Bank Corp's total market capitalization.

For more detailed information of Trustco Bank Corp's stock splits, view the table below:

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