Air Products Chemicals Inc (APD) Stock Split History

Air Products Chemicals Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on January 31, 1973 with the ratio of 102-for-100, meaning that for 100 shares of APD owned pre-split, shareholders then owned 102 shares. 9 more splits have been implemented since then. The most recent stock split took place on June 16, 1998 on a 2-for-1 basis.

These splits have increased APD 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 Air Products Chemicals Inc's total market capitalization.

For more detailed information of Air Products Chemicals Inc's stock splits, view the table below:

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