Braskem S.A. ADR (BAK) Stock Split History

Braskem S.A. ADR has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 15, 1987 with the ratio of 1-for-100, meaning that for 100 shares of BAK owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 16, 2005 on a 2-for-1 basis.

These actions have increased BAK 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 Braskem S.A. ADR's total market capitalization.

For more detailed information of Braskem S.A. ADR's stock splits, view the table below:

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