Toronto Dominion Bank (TD) Stock Split History

Toronto Dominion Bank has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 04, 1999 with the ratio of 2-for-1, meaning that for 1 share of TD owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on February 03, 2014 on a 2-for-1 basis.

These actions have increased TD 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 Toronto Dominion Bank's total market capitalization.

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

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