Aflac Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on December 14, 1983 with the ratio of 120-for-100, meaning that for 100 shares of AFL owned pre-split, shareholders then owned 120 shares. 9 more splits have been implemented since then. The most recent stock split took place on March 19, 2018 on a 2-for-1 basis.
These splits have increased AFL 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 Aflac Inc's total market capitalization.
For more detailed information of Aflac Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Aflac Inc 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 AFL stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Aflac Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
