Electro Sensors Inc (ELSE) Stock Split History

Electro Sensors Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 18, 1988 with the ratio of 3-for-2, meaning that for 2 shares of ELSE owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on February 27, 2001 on a 3-for-2 basis.

These actions have increased ELSE stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Electro Sensors Inc's total market capitalization.

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

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