291.05
0.85%
3.34
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American Express Co (AXP) Stock Split History
American Express Co has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on April 26, 1972 with the ratio of 3-for-1, meaning that for 1 share of AXP owned pre-split, shareholders then owned 3 shares. 4 more splits have been implemented since then. The most recent stock split took place on May 11, 2000 on a 3-for-1 basis.
These splits have increased AXP 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 American Express Co's total market capitalization.
For more detailed information of American Express Co's stock splits, view the table below:
These splits have increased AXP 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 American Express Co's total market capitalization.
For more detailed information of American Express Co's stock splits, view the table below:
AXP stock split list
Date | Split Ratio |
---|---|
2000-05-11 | 3 - for - 1 |
1987-05-11 | 2 - for - 1 |
1983-08-11 | 3 - for - 2 |
1983-02-11 | 4 - for - 3 |
1972-04-26 | 3 - for - 1 |
Will American Express Co Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. American Express Co 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 AXP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by American Express Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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