Lilly Eli Co (LLY) Stock Split History

Lilly Eli Co has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on November 08, 1971 with the ratio of 2-for-1, meaning that for 1 share of LLY owned pre-split, shareholders then owned 2 shares. 4 more splits have been implemented since then. The most recent stock split took place on October 16, 1997 on a 2-for-1 basis.

These splits have increased LLY 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 Lilly Eli Co's total market capitalization.

For more detailed information of Lilly Eli Co's stock splits, view the table below:

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