Anglogold Ashanti Plc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 05, 1984 with the ratio of 10-for-1, meaning that for 1 share of AU owned pre-split, shareholders then owned 10 shares. The most recent stock split took place on June 29, 1998 on a 1-for-5 basis.
These actions have increased AU 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 Anglogold Ashanti Plc's total market capitalization.
For more detailed information of Anglogold Ashanti Plc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Anglogold Ashanti Plc 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 AU stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Anglogold Ashanti Plc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
