First Bancorp (FBNC) Stock Split History

First Bancorp has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on December 28, 1988 with the ratio of 110-for-100, meaning that for 100 shares of FBNC owned pre-split, shareholders then owned 110 shares. 5 more splits have been implemented since then. The most recent stock split took place on November 16, 2004 on a 3-for-2 basis.

These splits have increased FBNC 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 First Bancorp's total market capitalization.

For more detailed information of First Bancorp's stock splits, view the table below:

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