Ofg Bancorp (OFG) Stock Split History

Ofg Bancorp has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on August 17, 1993 with the ratio of 3-for-2, meaning that for 2 shares of OFG owned pre-split, shareholders then owned 3 shares. 9 more splits have been implemented since then. The most recent stock split took place on December 29, 2004 on a 11-for-10 basis.

These splits have increased OFG 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 Ofg Bancorp's total market capitalization.

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

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