Telefonica S A Adr (TEF) Stock Split History

Telefonica S A Adr has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on July 27, 1999 with the ratio of 3-for-1, meaning that for 1 share of TEF owned pre-split, shareholders then owned 3 shares. 9 more splits have been implemented since then. The most recent stock split took place on January 21, 2011 on a 3-for-1 basis.

These splits have increased TEF 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 Telefonica S A Adr's total market capitalization.

For more detailed information of Telefonica S A Adr's stock splits, view the table below:

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