Southstate Bank Corp (SSB) Stock Split History

Southstate Bank Corp has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on June 02, 1997 with the ratio of 2-for-1, meaning that for 1 share of SSB owned pre-split, shareholders then owned 2 shares. 4 more splits have been implemented since then. The most recent stock split took place on March 07, 2007 on a 21-for-20 basis.

These splits have increased SSB 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 Southstate Bank Corp's total market capitalization.

For more detailed information of Southstate Bank Corp's stock splits, view the table below:

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