Umb Financial Corp (UMBF) Stock Split History

Umb Financial Corp has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on December 08, 1987 with the ratio of 21-for-20, meaning that for 20 shares of UMBF owned pre-split, shareholders then owned 21 shares. 9 more splits have been implemented since then. The most recent stock split took place on May 31, 2006 on a 2-for-1 basis.

These splits have increased UMBF 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 Umb Financial Corp's total market capitalization.

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

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