Icici Bank Ltd Adr (IBN) Stock Split History

Icici Bank Ltd Adr has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 09, 2014 with the ratio of 5-for-1, meaning that for 1 share of IBN owned pre-split, shareholders then owned 5 shares. The most recent stock split took place on June 19, 2017 on a 110-for-100 basis.

These actions have increased IBN 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 Icici Bank Ltd Adr's total market capitalization.

For more detailed information of Icici Bank Ltd Adr's stock splits, view the table below:

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