Vector Group Ltd (VGR) Stock Split History

Vector Group Ltd has split its stock 12 times since its initial public offering (IPO). The first stock split occurred on September 17, 2003 with the ratio of 21-for-20, meaning that for 20 shares of VGR owned pre-split, shareholders then owned 21 shares. 11 more splits have been implemented since then. The most recent stock split took place on September 16, 2019 on a 21-for-20 basis.

These splits have increased VGR 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 Vector Group Ltd's total market capitalization.

For more detailed information of Vector Group Ltd's stock splits, view the table below:

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